Stocks gain and crude falls on end of war hopes - Newsquawk US Market Wrap

US President Trump says US is in the final stages of talks with Iran; Pakistani Army Chief may visit Iran tomorrow to announce achievement of final draft of agreement text; Hawkish FOMC Minutes; EIA crude stocks draw more than expected; Fed's Paulson says inflation is too high and rate cuts may only happen after inflation is controlled; Softer-than-expected UK CPI; Average US 20yr bond auction; TGT CEO maintains cautious outlook; Samsung Electronics labour union postpones strike; OpenAI reportedly aiming to IPO as early as September.

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