Financial Markets Wall Street

Shares are mixed in Asia, echoing a rally on Wall Street driven by hopes United States and Iran may resume talks to end their war. The price of Brent crude edged 0.2% lower but was still above $98 a barrel. On Tuesday, U.S. stocks advanced to near their all-time high, with the S&P 500 rising 1.2%. The Dow industrials gained 0.7%, and the Nasdaq composite climbed 2%. Lower oil prices help bring down costs for all kinds of businesses. President Donald Trump said he was extending the ceasefire with Iran at Pakistan’s request while awaiting a “unified proposal” from Tehran. The U.S. military was keeping its blockade of Iranian ports

Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran. The price of Brent crude edged 1 cent higher, remaining above $98 a barrel. President Donald Trump said he was extending the ceasefire with Iran at Pakistan’s request while awaiting a “unified proposal” from Tehran. The U.S. military was keeping its blockade of Iranian ports. On Tuesday, U.S. shares initially were lifted by signs that diplomats were working through back channels to arrange a new round of talks between the United States and Iran.