Stocks Fall, Oil Rises as Iran Refuses to Soften Demands; US, China to Cut Tariffs
US equity futures and Treasuries fall as uncertainties around the conflict between the US and Iran push oil higher and lifts concerns around inflation. Tehran says it's sticking to its proposal to reopen the Strait of Hormuz that President Trump has rejected. The US and China release a detailed plan to cut tariffs on about $30 billion of imports from each nation. Nvidia introduces a new…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
