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Stocks jump and oil drops after Trump said US and Iran held 'productive' talks

Roberto Schmidt/Getty Images

  • President Donald Trump said Monday that the US and Iran had held "productive" talks.
  • US oil prices fell to below $90 a barrel, Brent dropped to $100, and stocks jumped.
  • Strikes against Iranian power plants and energy infrastructure were postponed, Trump said.

Stocks jumped and oil prices fell after President Donald Trump said early Monday that the US and Iran had held "productive" conversations around a resolution to the conflict.

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