Risk assets were mixed on Iran threats to block the Bab al-Mandab Strait and with initial reports that it stopped exchanging messages with the US, although the geopolitical headlines were much more positive later in the session.

US stocks closed higher as AI-driven tech rally lifted the Nasdaq and S&P 500 to fresh record highs. Nvidia gained after unveiling a new chip bringing AI capabilities to laptops,…

Risk assets were mixed on Iran threats to block the Bab al-Mandab Strait and with initial reports that it stopped exchanging messages with the US, although the geopolitical…