U.S. and Iran Have 'Makings of a Deal,' Bessent Says
Treasury Secretary Bessent confirmed the U.S. and Iran have the "makings of a deal," including partial reopening of the Strait of Hormuz and nuclear concessions, sending all three major U.S. indexes to record closes. Simultaneously, Corporate America is starting to ration AI spend as computing costs surge — a signal that ROI scrutiny on AI budgets is tightening across enterprises, with potential impact on cloud and infrastructure decisions.
U.S.-Iran 60-day ceasefire MOU pushed Nasdaq to record highs and Brent crude down 18% in May — worst monthly drop since March 2020. Tech earnings, not geopolitics, drove the rally: Dell surged 38% after-hours on Q1 beats and raised full-year guidance, confirming resilience in enterprise spending.
Iran Talks Bog Down Over Nuclear Program and Sanctions Relief
Asian Equities, Oil Prices Mixed as Investors Parse Middle East Developments
(Bloomberg) -- Stocks scaled to a record and oil dropped after the US and Iran reached a tentative deal to extend their ceasefire, pending President Donald Trump’s signoff.
Markets betting a deal will reopen the Strait of Hormuz and soothe the deep global economic uncertainty.
Oil Edges Higher, U.S. Futures Pare Gains as U.S.-Iran Tensions Rise
U.S. Stocks Set to Extend Record Highs as Peace Talks Optimism Holds
U.S. Military Conducts New Strikes on Iran
Stocks, Bonds Fall as Fresh U.S.-Iran Flare-Up Weighs on Peace Hopes
(Bloomberg) -- Wall Street traders sent stocks toward all-time highs, bonds rose as a rally in oil waned amid speculation the US and Iran are close to a diplomatic breakthrough in…
(Bloomberg) -- Stocks scaled to a record and oil dropped after the US and Iran reached a tentative deal to extend their ceasefire, pending President Donald Trump’s sign-off.
Stock futures were set to open up while oil prices pulled back on renewed optimism that the U.S and Iran are closing in on a deal that would reopen the Strait of Hormuz.
Brent crude is on pace for its biggest monthly drop since March 2020 as Wall Street cheers a 60-day truce with Tehran
Stocks Rise on U.S.-Iran Peace Deal Hopes