Trump Says Talks in 'Final Stages'
U.S. stocks rose more than 1% and oil fell about 5% after Trump said Iran talks were in the final stages.
- President Donald Trump told reporters Wednesday the administration is in the "final stages" of the Iran war, causing oil prices to tumble and bond yields to retreat.
- Late Monday, President Trump called off a scheduled strike on Iran after Gulf allies requested more time to pursue diplomacy.
- Brent oil fell 5.5% to $104.84, while WTI dropped roughly 5.25% to $98.65, offering relief to investors concerned about inflation.
- Led by the Nasdaq Composite, all three major indexes ended Wednesday's session more than 1% higher as investors cheered the potential end of conflict.
- The 10-year Treasury yield fell to 4.58%, reflecting reduced inflation fears, though Trump warned that without a deal, the administration may take "nasty" actions.
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Trump says talks in 'final stages'
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President Trump Says Iran Talks In ‘Final Stages,’ Warns Military Action Could Come Quickly - Real News Now
President Trump said Wednesday that negotiations with Iran are entering their “final stages,” while warning that the United States is prepared to take aggressive military action if Tehran refuses to reach an acceptable agreement. “We’re in final stages of Iran,” President Trump told reporters at Joint Base Andrews. “We’ll see what happens. Either [we] have a deal or we’re going to do some things that are a little bit nasty, but hopefully that wo…
Oil prices fall 6% on Iran deal prospects
Oil prices fell 6% on Wednesday after U.S President Donald Trump said that negotiations with Iran were in the final stages, though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues. Brent crude futures fell $6.64, or 5.97%, to $104.64 a barrel by 1745 GMT and US WTI futures were down $6.49, or 6.23%, at $97.66. Trump said that negotiations with Iran were in the final stages but warned of furt…
Trump Negotiations in Final Stage: New York Stock Market Rises Across the Board; US Treasury Yields and International Oil Prices Also Fall Sharply; Fed May Need to Hike Interest Rates at April Meeting. The New York stock market and US Treasury prices rose following news that peace negotiations between the US and Iran are making progress. In particular, the previously closed Sea of Hormuz
Trump Suggests Iran Talks in ‘Final Stages’
“The U.S. believes it is making progress with Iran in peace talks, but disagreements between Washington and Israel threaten to derail the diplomacy,” Semafor reports. “President Trump reportedly held a tense call on Tuesday with Israeli Prime Minister Benjamin Netanyahu, who railed against a pact under consideration. Markets rebounded Wednesday after Trump said Washington is in the ‘final stages’ with Tehran.” “But he has warned of US strikes if…
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