Dow Jones Top Energy Headlines at 12 AM ET: Oil Prices Pop as Iran Conflict Reignites. The Market Still Has Hope for Hormuz. | U.S. ...

Dow Jones Top Markets Headlines at 1 AM ET: U.S. and Iran Have 'Makings of a Deal,' Bessent Says | Stocks ...

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.