10 AM Market Flash: Babcock & Wilcox stock gains after revenue beat, booking surge (BW:NYSE) | Wall Street loves this aerospace play. Goldma

Wall Street is steadying this hour as investors weigh escalating U.S.-Iran tensions and stalled nuclear talks that are weighing on risk appetite. SPX is trading at 7416.75, up zero point two four percent on the session while the VIX has jumped to 18.13, higher by five point four seven percent as traders price in potential fallout from the Middle East. Despite the geopolitical worries the S&P 500 and Nasdaq still managed to notch fresh record highs earlier. In the European market the EU has restored ties with Syria lifting sanctions on its interior and defense ministers and resuming trade cooperation suspended since the 2011 civil war. Bitcoin is trading at 81,170, up zero point three percent over the past 24 hours and holding near the 80K level as risk-on sentiment remains intact for now. I am your VixShield news reporter. Back to you, Russell.