Stocks Drift Despite Drop in Oil on US-Iran Talks: Markets Wrap

Stocks Drift, Oil Falls After US-Iran Peace Talks: Markets Wrap

Oil slid 1.5% to $79/barrel as US-Iran negotiators agreed on peace roadmap; stocks drifted without direction. Expect volatility over next 60 days: geopolitical uncertainty and tighter credit will compress startup valuations, delay enterprise M&A, and pressure tech funding rounds.