From Bloomberg · · 50s
Markets Rise as Trump Signals Iran Deal
Trump's Iran talks boost stocks while oil drops.
In brief
Trump's Iran talks boost stocks while oil drops. Trump said he'd postpone strikes on Iran after talks, lifting stocks and lowering oil prices. Originally reported by Bloomberg.
Trump signals Iran talks
Trump said he'd postpone strikes on Iranian energy infrastructure after productive talks toward ending hostilities.
“Trump says US 'very willing' to make a deal with Iran”
Oil prices drop
Brent crude fell over 14% before trimming losses as Iran denied the discussions, closing below $100.
Stocks rise
The S&P 500 added about 1% as markets reacted to potential de-escalation.
Bond yields fall
Bond yields and the dollar retreated, with traders backing off hawkish Federal Reserve bets.
Market reaction
Traders priced in a few basis points of easing this year as uncertainty decreased.
The essence
Trump said he'd postpone strikes on Iran after talks, lifting stocks and lowering oil prices.
