Stocks Rebound as Trump Says Iran Wants to Talk
Aftermath of a reported Israeli strike on a Tehran building used by Iran’s state TV broadcaster.
Photographer: Getty Images
Good morning. Markets take a breather as Iran signals it wants to talk. WhatsApp ads just entered the chat. And the Air India crash may trigger nearly half a billion dollars in insurance claims. Listen to the day’s top stories.
Israel and Iran traded deadly fire for a fourth consecutive day, but the recent surge in oil prices reversed course on a report that Tehran wants to restart nuclear negotiations. Iran would “like to talk,” Donald Trump remarked around the same time that Iran threatened to deliver a “major blow” to Israel. Military operations against Iran will continue regardless of the progress of any potential negotiations involving the US, an Israeli minister told Bloomberg. Markets took it all in stride: The S&P 500 rose almost 1% as fears of a wider conflict receded.