US stocks opened higher as Intel’s sharp profit surge fueled technology gains, pulling the S&P 500 close to an all-time high. Optimism around potential US-Iran talks added support, even as oil prices stayed volatile. Strong results from Procter & Gamble also helped, while Charter Communications slid after reporting weaker performance.
US Vice President JD Vance’s planned trip to Islamabad for negotiations with Iran has been indefinitely cancelled, The Wall Street Journal reports. The move comes after President Donald Trump announced a “ceasefire extension” and urged a unified Iranian proposal. Analysts say the decision signals a shift toward coordinating a single diplomatic approach rather than running separate outreach tracks.
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Crude oil prices fell as Middle East tensions eased after a Lebanon Israel ceasefire and the prospect of US Iran talks. President Trump suggested a deal with Iran could be near, following a 10-day truce that reportedly removed a major negotiating obstacle. While analysts warn volatility will persist, they expect prices to stay supported by underlying risk.
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