"Global markets were mixed this morning as investors woke up to the news that the Strait of Hormuz remains closed, conflict between the U.S. and Iran continues to involve live fire, and Iranian officials declined to confirm whether they would attend peace talks today."
"Oil is at $95 per barrel, up from a low of $86 three days ago. S&P 500 futures were down 0.46% this morning prior to the open in New York."
"The two-week ceasefire between the U.S. and Iran is due to end Wednesday, and this morning hopes for peace dwindled following a U.S. attack on an Iranian cargo ship in the Strait of Hormuz."
Global markets showed mixed results as the Strait of Hormuz remains closed and U.S.-Iran tensions escalate. Oil prices increased to $95 per barrel. S&P 500 futures fell 0.46% after reaching an all-time high of 7,126. Asian markets saw gains, with China's CSI 300 and Japan's Nikkei 225 up 0.61% and 0.6%, respectively. In contrast, European markets declined, with Europe's Stoxx 600 down 1% and the U.K.'s FTSE 100 down 0.6%. Iran withdrew from peace talks following a U.S. seizure of an Iranian cargo ship in the Strait of Hormuz.
Read at Fortune
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