3 PM Market Flash: Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming | Iran ceasefire appears to hold and Bahrain de
Bitcoin is trading at 80880 up 0.9 percent over the past 24 hours and remains within 2 percent of the 80k level as risk sentiment stays supported ahead of the week ahead. In Asian markets China's April exports jumped 14.1 percent from a year ago ahead of the Trump-Xi summit with efforts to end the war in Iran now eclipsing the usual sources of friction between the two sides. In the US market Wall Street is still testing AI traders but most are underperforming according to ZeroHedge while the Iran ceasefire appears to hold and Bahrain has detained dozens over suspected Revolutionary Guard links. Washington is awaiting an Iranian response to its latest proposal for a deal to end the war reopen the Strait of Hormuz and roll back Tehran's disputed nuclear program. If those US-Iran peace talks collapse analysts warn Washington could quickly target Tehran's missile systems naval assets command networks and IRGC infrastructure. SPX is currently trading at 7398.93 unchanged on the day while the VIX sits at 17.19. I am your VixShield news reporter. Back to you Russell.