US stock market, April 8 -- After the announcement of the Strait of Hormuz deadline for two more weeks, and a crash in crude oil prices, the Dow Jones futures shot up by nearly 2% during the early morning session on Wednesday. By 6:02 AM during the early morning session in Asian markets today, Dow Jones futures were trading green, up nearly 863 points, or around 2%.

Earlier, the US stock futures had rallied on Tuesday evening following the de-escalation in the US-Iran war. The S&P 500 futures surged to 6,804 after ending at 6,616, logging around 2.84% gains. These gains in the US stock futures took place after a muted Tuesday session on Wall Street

According to market experts, this rally in the US stock futures can be attributed to the ...