Premarket: World stocks hold near record highs, oil keeps below $100 on peace deal hopes

World stocks held near record highs and were on track for a third straight week of gains, while benchmark oil prices stayed below $100 a barrel. Markets were cautious ahead of a crucial weekend that could point to a near-term resolution of the Iran war, a geopolitical event with broad implications for risk assets and energy prices.

Analysis

World stocks held near record highs and were on track for a third straight week of gains, while benchmark oil prices stayed below $100 a barrel. Markets were cautious ahead of a crucial weekend that could point to a near-term resolution of the Iran war, a geopolitical event with broad implications for risk assets and energy prices.