Global markets on edge as investors await outcome of US-Iran negotiations [Yahoo! Finance]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
NASDAQ:AMEX Investor Relations:
abf.co.uk/investorrelations
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Source: Yahoo! Finance
At the time of writing, US benchmark crude was up 8.5% from last Friday's low to around $86.3 a barrel, while Brent crude, the international standard, was around 9.5% higher at roughly $94.5 a barrel. As for European markets, the Euro Stoxx 50 and the broader pan-European Stoxx 600 were trading within a 0.2% range. The UK's FTSE 100, Germany's DAX 30, France's CAC 40 and Italy's FTSE MIB were all similarly trading within a 0.3% range. On Wall Street, US futures were also all trading within a 0.3% range with the tech-heavy Nasdaq leading. The S&P 500 closed marginally lower by 0.2% on Monday at 7109 points. Despite US representatives, including special envoy Steve Witkoff and senior adviser Jared Kushner, travelling to Islamabad as part of renewed efforts to secure an agreement, no concrete progress on US-Iran negotiations has been announced. The Strait of Hormuz remains closed and the current ceasefire ends on Wednesday keeping markets in a state of uncertainty. US Presid
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