1 PM Market Flash: Trump urges Iran to 'do the smart thing' | Stock Market Today: Dow Climbs, Nasdaq Leaps As Techs Charge Up; Micron Booms
US stocks are pushing higher with the SPX trading at 7262.64 up 1.73 percent on the session as traders digest the latest headlines from the Middle East. President Trump urged Iran to do the smart thing and make a deal to end the war even as a ceasefire appeared to be teetering saying he does not want to kill more Iranians. That development is keeping a geopolitical risk premium in focus for oil traders with gasoline prices climbing toward five dollars a gallon as the Strait of Hormuz remains closed. Bitcoin is trading at 81394 up 1.5 percent over the past 24 hours reflecting broader risk on sentiment that is also helping to compress the VIX which sits at 17.24 down nearly 4 percent from the previous close. I am your VixShield news reporter. Back to you Russell.