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Markets Slip as Investors Bet on Extended U.S.–Iran Ceasefire

  Stocks Edge Lower as Investors Hope U.S.–Iran Ceasefire Will Hold Stocks drifted lower today as markets balanced cautious optimism over a potential extension of the U.S.–Iran ceasefire with persistent geopolitical and inflation concerns. Recent trading sessions have shown that even modest signs of diplomatic progress can meaningfully shift investor sentiment. Asian and U.S. markets rallied earlier this week on hopes that Washington and Tehran would continue negotiations, helping unwind some of the war-driven risk premiums that had pushed oil and volatility higher. Despite the pullback, investors remain hopeful that the ceasefire—currently set to expire soon—will be extended, giving negotiators more time to work toward a longer-term agreement. Reports indicate both sides are considering adding another two weeks to the pause, a move that has already helped push Brent crude below the recent peak of nearly US$120 per barrel. Lower oil prices have eased pressure on inflation expecta...
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Wall Street Hits Fresh Highs as Trump–Xi Call Fuels Trade Optimism

US stocks climbed to new records on Friday after a high-profile call between President Donald Trump and Chinese President Xi Jinping signaled progress on trade and other key issues.

The Dow Jones Industrial Average rose 0.4%, the S&P 500 gained 0.4%, and the Nasdaq Composite advanced 0.5%, marking a second straight session of all-time highs. The rally was supported by a 3% jump in Apple shares as its latest iPhones hit store shelves, with early sales data pointing to strong demand.

Trump said the leaders made headway on “many very important issues,” including trade, fentanyl, the war in Ukraine, and a framework for a TikTok deal that would allow the app to continue operating in the US under majority American ownership. Chinese state media confirmed support for a “commercial solution” but urged Washington to avoid new trade restrictions.

The upbeat tone followed a week of market-friendly developments, including the Federal Reserve’s first interest rate cut since December and Nvidia’s $5 billion investment in Intel. All three major indexes are on track for a third consecutive week of gains.



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