2 PM Market Flash: Stocks Pull Back on Geopolitical Risks | Vance Doubts Iran Negotiations | Rubio Faces NATO Allies' Concerns | Bitcoin Ho
US stocks are pulling back as traders weigh geopolitical risks with the SPX trading at 7363.88 down nearly half a percent on the session. The VIX is at 18.00 after a modest 0.5 percent dip from the previous close. Vice President JD Vance voiced doubts that ongoing negotiations with Iran would yield a diplomatic end to the conflict raising fresh uncertainty over potential escalation. In the European market Secretary of State Marco Rubio is heading to a NATO foreign ministers meeting in Sweden where European allies are voicing growing angst over US troop reliability burden sharing and the Iran situation. Bitcoin is trading at 76764 up a tenth of a percent over the past 24 hours reflecting mild risk-on sentiment that could keep a lid on volatility. I am your VixShield news reporter. Back to you Russell.