US Treasury Official's Iran Talks Comments Boost Global Markets
U.S. Treasury official Scott Bessent told CNBC that the United States is in talks with Iran and that an agreement to reopen the Hormuz Strait could be reached within a day. The remarks sparked optimism that a Middle‑East settlement was near, sending WTI crude oil down about 3 % to $77.60 a barrel and pushing U.S. Treasury yields lower by two basis points to 4.66 %.
U.S. equity futures opened higher, with the S&P 500 up roughly 0.3 %, the Nasdaq about 1.1 % and the Dow Jones also near 1.1 % higher. European markets followed suit, closing at record highs: the Stoxx Europe 600 rose 0.7 %, Germany’s DAX 0.8 %, France’s CAC 40 0.6 %, the UK’s FTSE 100 0.2 % and Italy’s FTSE MIB 1.3 %. Semiconductor stocks such as ASML and Infineon gained about 3.7 %.
In New York, the Dow Jones opened up 0.87 % to 53,641.21, the S&P 500 rose 0.40 % to 7,630.62 and the Nasdaq climbed 0.67 % to 26,088.04. Strong corporate earnings – notably Palantir’s 15 % jump after reporting a 93 % year‑over‑year revenue increase – reinforced the bullish tone across markets.
Entities: AEX · ASML · Amazon · CAC 40 · Dax · Microsoft · Novo Nordisk · Scott Bessent · Stoxx Europe 600 · United States Treasury · WTI crude oil · oil prices
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] WTI crude oil price dropped about 3% to $77.60 per barrel after comments about U.S.–Iran talks. (new)
- [● 2 SOURCES] U.S. equity futures indicated a green opening on Tuesday, with the S&P 500 up about 0.3%, the Nasdaq up roughly 1.1% and the Dow Jones up 1.1%. (new)
- [○ 1 SOURCE] Semiconductor stocks such as ASML and Infineon rose about 3.7% on the Wall Street rally. (new)
- [● 2 SOURCES] European stock indices closed at record highs: Stoxx Europe 600 up 0.7%, DAX up 0.8%, CAC 40 up 0.6%, FTSE 100 up 0.2% and FTSE MIB up 1.3%. (new)
- [○ 1 SOURCE] U.S. Treasury yields fell two basis points to 4.66%. (new)
- [○ 1 SOURCE] Microsoft shares surged more than 25% after reporting strong quarterly earnings. (Tech earnings report)
- [○ 1 SOURCE] European oil prices fell roughly 4% after U.S. finance official comments on Iran negotiations. (new)
- [○ 1 SOURCE] Amazon shares rose similarly after reporting strong quarterly earnings. (Tech earnings report)
- [○ 1 SOURCE] Palantir Technologies shares rose more than 15% after reporting second‑quarter revenue up 93% year‑over‑year to $1.9 billion. (new)
- [● 2 SOURCES] Scott Bessent said the United States is in talks with Iran and a Hormuz Strait agreement could be reached within a day. (new)