June S&P 500 E-Mini futures (ESM26) are up +0.19%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.39% this morning as risk appetite improved and oil prices fell following reports that the U.S. and Iran were weighing another round of peace talks.
President Trump said on Monday that the “right people” in Iran still want to reach a deal, even though talks over the weekend concluded without an agreement. “We’ve been called by the other side, and they would like to make a deal very badly,” Mr Trump said. Bloomberg reported that the U.S. and Iran are discussing another round of negotiations aimed at extending the two-week ceasefire. The goal is to conduct new talks before the truce expires, the report added. Separately, Reuters reported that the sides could return to Islamabad for talks this week. The price of WTI crude fell over -2% on Tuesday.
