Premarket: Stocks waver, oil falls as traders weigh fragile Iran peace talks

European stocks and U.S. futures edged lower while oil prices dipped after Iranian negotiators said progress had been made in peace talks with the United States. The update eased fears that the fragile process to end the Iran war was breaking down, reducing immediate geopolitical risk premium in equities and crude.

Analysis

European stocks and U.S. futures edged lower while oil prices dipped after Iranian negotiators said progress had been made in peace talks with the United States. The update eased fears that the fragile process to end the Iran war was breaking down, reducing immediate geopolitical risk premium in equities and crude.