Stocks, bonds retreat after Trump says Iran MOU 'is over' | live

LONDON/NEW YORK, July 8 (Reuters) - Oil surged and stocks and bonds dropped on Wednesday, after U.S. President Donald Trump said the memorandum of understanding that had provided a framework for the ceasefire with Iran "was over" after the two sides traded attacks overnight.

Jul 8, 2026 - 19:00
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Stocks, bonds retreat after Trump says Iran MOU 'is over' | live
LONDON/NEW YORK, July 8 (Reuters) - Oil surged and stocks and bonds dropped on Wednesday, after U.S. President Donald Trump said the memorandum of understanding that had provided a framework for the ceasefire with Iran "was over" after the two sides traded attacks overnight.

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