6:00 AM Flash: Global Markets Gain as U.S.-Iran Peace Talks Progress, Oil Pulls Back
6:00 AM Flash: Good morning everyone. At this hour, the S and P is trading at seventy four thousand six hundred eighty three. Gold is sitting at four thousand five hundred forty seven dollars. Oil is at ninety eight dollars. And Bitcoin is currently seventy four thousand six hundred eighty three. Breaking this morning, global markets are posting solid gains and oil prices are retreating as diplomatic efforts between the United States and Iran appear to be making progress. Traders are pricing in the possibility of reduced geopolitical risk in the Middle East, which is easing pressure on energy prices while supporting risk assets worldwide. This development is the dominant theme in early trading. In other news, stablecoin issuers are coming under fresh scrutiny with economists warning that these fast-growing instruments function as private money and could pose hidden risks to broader financial stability. On a more personal note, one viewer wrote in about her daughter's employer who has stopped contributing to her pension yet continues to deduct money from her paycheck. It's a situation that understandably has many of you frustrated and confused. After four PM CST we focus on the key movers. Bitcoin holding near seventy four thousand six hundred eighty three, gold firm at four thousand five hundred forty seven, and oil at ninety eight dollars as the market digests these latest developments. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.