Read everything that’s happened in the news so far today.

Read everything that’s happened in the news so far today.

The Australian sharemarket is higher despite a new escalation in the Middle East after US forces struck Iran and a sell-down on Wall Street.

Read everything that’s happened in the news so far today.

Australian shares are set to rally as oil plunged and the S&P 500 leapt after President Donald Trump signalled a peace deal was near at hand. Follow live.

Wall Street powered a rally in stocks as oil sank after President Donald Trump signalled the US is close to a deal with Iran, fuelling hopes for an end to the war that has roiled…

Wall Street powered a rally in stocks as oil sank after President Donald Trump signalled the US is close to a deal with Iran, fuelling hopes for an end to the war that has roiled…

The Australian sharemarket surged after President Donald Trump signalled the US was close to a deal with Iran, fuelling hopes for an end to the war that has roiled global markets.

The ASX is set for a strong start after Wall Street rallied and oil prices tumbled. Follow the day's events and insights from our business reporters on the ABC News live markets…

SYDNEY: Asian stocks joined a global rally on Friday (Jun 12) on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil prices…

SYDNEY, June 12 : Asian stocks joined a global rally on Friday on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil prices…

Read everything that’s happened in the news so far today.