U.S. Stocks May See Further Downside As Trump Declares Iran Ceasefire 'Over'

India, July 8 -- After ending the previous session mostly lower, stocks are likely to see further downside in early trading on Wednesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent.

Concerns about the re-escalation of the conflict in the Middle East are likely to weigh on Wall Street after President Donald Trump declared the U.S.-Iran ceasefire "over."

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