U.S. stocks turned higher on Tuesday, reversing an earlier slide, after signals that Washington and Tehran may be open to diplomacy, according to WSJ. The shift came as investors weighed diplomatic hopes against a still-tense standoff over Iran.
WSJ reports that the rebound was tied to expectations of a possible diplomatic opening between the two countries. Newsquawk noted that Iran's Foreign Ministry indicated the country favors diplomacy, though crude benchmarks continued to climb. A separate market preview said U.S.-Iran negotiations remain deadlocked and that international oil prices were pushing higher.
The session was not uniformly positive. Benzinga reported that Dow Jones and S&P 500 futures rose while the Nasdaq fell, as Treasury Secretary Bessent intensified economic pressure. hngnews.com reported that U.S. stocks rose after oil prices retreated and companies posted strong profits, while a Futu preview said General Motors dropped more than 6% after its earnings, with profit guidance falling short of expectations.
The mixed signals left investors balancing two forces: optimism that talks could ease geopolitical risk, and oil prices that have yet to cool. Trading in the coming sessions is likely to hinge on whether diplomatic gestures translate into concrete negotiations, and on how crude benchmarks respond.
