Markets are reacting to uncertainty surrounding President Donald Trump’s Iran deadline. Tentative ceasefire signals are battling fears of conflict escalation. Brent crude oil prices are fluctuating. Asian shares saw gains, led by technology stocks. President Trump stated talks are progressing but stressed freedom of navigation.
US stocks today: US stocks end higher on cool inflation data, strong earnings
Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock