U.S. stock futures have risen significantly, buoyed by signs of a potential peace deal with Iran. Oil prices have experienced a sharp decline, with recent statements from Trump indicating that the U.S. is nearing an agreement aimed at ending military actions in the region. Following the announcement of cancelled strikes, the Dow surged by over 900 points, marking one of the best days for U.S. stocks in two months. World shares have also rallied, reflecting optimism for a de-escalation of tensions. In the oil market, prices have slipped below $90 a barrel as traders respond to hopes for better stability and potential reopening of key routes like the Strait of Hormuz. Overall, positive sentiments around the peace initiative have led to a major rebound in various markets, particularly in technology stocks and luxury goods.