Business News Update — April 09, 2026 6 PM Eastern

Clockwise Business News — Oil prices plunged and US stock futures soared globally after a two-week US-Iran ceasefire was announced. This is Clockwise business news, 6 PM Eastern. The Dow Jones Industrial Average surged over 1,300 points, while Brent crude oil dipped significantly below $95 a barrel. This market reaction reflects optimism about de-escalation, though risks remain. The International Monetary Fund, however, quickly warned that the ongoing Iran conflict will slow global economic growth.