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Market Impact: 0.72

Stocks and Oil Rise, Trump to NY Post: Talks 'Possible,' More

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Stocks and Oil Rise, Trump to NY Post: Talks 'Possible,' More

Stocks and oil rose as traders weighed reports that Trump said Iran talks were "possible" by Friday, while Iran threatened the Strait of Hormuz. The combination of potential diplomacy and heightened Middle East risk is likely to keep crude and risk assets volatile, with a meaningful market-wide impact if tensions escalate further.

Analysis

Stocks and oil rose as traders weighed reports that Trump said Iran talks were "possible" by Friday, while Iran threatened the Strait of Hormuz. The combination of potential diplomacy and heightened Middle East risk is likely to keep crude and risk assets volatile, with a meaningful market-wide impact if tensions escalate further.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15