All articles tagged with #iran ceasefire
U.S. Treasury yields rose after Trump said the Iran ceasefire may be over, sparking inflation fears as oil prices jumped; the 10-year yield moved to about 4.561%, the 2-year to 4.197%, and the 30-year to 5.061%. Brent crude hit roughly $78.20 a barrel and WTI around $74.15. Traders await the Fed's June meeting minutes for policy clues under new chair Warsh, while the 30-year fixed mortgage rate eased to about 6.57% from 6.59%.
Gas prices have fallen about 70 cents per gallon in a month to around $3.92 nationwide as the U.S.–Iran ceasefire eases supply fears and China’s weaker demand keeps oil use soft, defying earlier forecasts and giving Trump a political boost ahead of the midterms. Analysts caution the decline could be temporary if the ceasefire falters or supply tightens, and note voters' sensitivity to affordability will shape its political impact.
Stock futures were little changed to start June after May closed with solid gains: the Nasdaq led with an 8%-plus rise for the month, the S&P 500 up about 5%, and the Dow around 3%, with all three hitting fresh highs on Friday. Investors weighed a geopolitical development—an Iran ceasefire memorandum—and awaited a potential official announcement, while oil prices rose as tensions eased. Traders will focus on Friday’s nonfarm payrolls for clues on the labor market and Fed policy. Earnings season has been strong so far, with roughly 85% of S&P 500 companies beating estimates by about 16.7% on average, contributing to a nine-week win streak and new intraday/close highs.
U.S. stock futures edged higher as investors weigh Iran’s tentative ceasefire terms against Dell’s booming AI-server sales, lifting peers like HPE and SMCI ahead of economic data and Fed speeches, while investors monitor Space stocks and regulatory headlines.
Bill Maher slammed Trump’s ongoing, contradictory claims about the Iran war during Real Time, calling his victory declarations a problem as ceasefire talks stall. He described Trump as erratic and prone to daily inflammatory tweets, urged him to cut and run, and noted that Maher once supported bombing Iran before changing his stance.
Britain will host a two‑day conference with more than 30 countries as the UK and France press to reopen the Strait of Hormuz, translating diplomatic consensus into a joint plan to safeguard freedom of navigation and global energy security amid stalled U.S.–Iran negotiations and an extended ceasefire, with the U.S. blockade remaining in place and no clear sign of talks resuming soon.
Oil prices climbed toward $100 a barrel as renewed Middle East tensions and doubts about Iran’s ceasefire raise supply fears, with WTI near $99 and Brent around $97. Saudi energy disruptions cut capacity by about 600,000 barrels per day and hit ~700,000 bpd through the East-West pipeline, while limited tanker traffic through the Strait of Hormuz and ongoing regional attacks keep markets on edge until flows resume.
Freddie Mac reports the 30-year fixed-rate mortgage at 6.38% for the week, down 9 basis points—the first drop in five weeks as rates ease from a six-month high. The pullback coincides with a drop in the 10-year Treasury yield below 4.3% amid easing inflation fears, and homebuilders like D.R. Horton, Lennar, and PulteGroup edged higher. Despite the relief, affordability remains stretched with rates still above 6%. Redfin notes a record 34.2% of home sellers reduced prices in February, averaging a 7.3% cut ($40,915), underscoring ongoing housing-market pressure. Uncertainty remains ahead of U.S.-Iran peace talks and its potential impact on the Fed’s rate outlook.
US President Donald Trump announced that Israel has agreed to the conditions for a 60-day ceasefire in Gaza, with talks to finalize a deal involving Hamas, Qatar, and Egypt, following recent peace efforts including a ceasefire between Israel and Iran.
Arab mediators and Israeli hostage families are urging for a peace deal to end the Gaza conflict, leveraging Israel's strikes on Iran and a US-Qatar brokered ceasefire to support Prime Minister Netanyahu's political capacity to conclude the 20-month war.
Donald Trump arrived in Europe for the Nato summit in The Hague, where he is expected to highlight recent developments including a ceasefire in the Iran-Israel conflict, amid praise from Dutch leaders. His brief visit includes meetings with Ukrainian President Zelenskyy and discussions on NATO's defense commitments, while the US postpones classified Iran briefings amidst ongoing tensions.