US Stocks Fall Pre-Bell After Trump Reportedly Says Ceasefire Deal With Iran 'Over'

US stock prices were falling in Wednesday's premarket session as oil prices jumped after President Trump reportedly said the US ceasefire agreement with Iran was "over." S&P 500 futures declined 0.7%, Dow Jones Industrial Average futures fell 0.9% and Nasdaq futures were off 1% before the opening bell. The indexes finished the previous trading session lower. During a North Atlantic Treaty Organization summit in Turkey on Wednesday, Trump said the memorandum of understanding signed with Iran last month to end the war in the Middle East was "over," according to several media outlets. "To me, I think it's over," Trump said, according to CNBC. "I don't want to deal with them anymore." Trump's comments came after the US Central Command said Tuesday its forces completed a "new round of offensive strikes" against Tehran, following its attacks on commercial vessels transiting through the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps launched strikes on US military targets across Bahrain and Kuwait in response to Washington's attacks, CNN reported, citing the IRGC. The US Treasury Department also revoked a general license that authorized the sale of Iranian oil,.