U.S. and Iran Have 'Makings of a Deal,' Bessent Says

The agreement, which still needs President Trump's approval, includes a gradual reopening of the Strait of Hormuz and Iranian pledges to curtail some nuclear work.

Stocks Gain as Investors Cling to Hope of Mideast Deal

All three major U.S. stock indexes closed at records as investors seemed to be seizing on hopes that a U.S.-Iran deal is in reach.

Inflation-Wary Investors Pour Into Short-Dated Bond Funds