By Stephen Culp NEW YORK, May 29 (Reuters) – U.S. stocks followed global stocks higher and crude oil prices retreated on Friday as investors approached the end of a holiday-shortened week with renewed hopes of progress toward a peaceful resolution to the Iran war. A narrow tech-led rally propelled all three major U.S. stock indexes…
U.S. stock futures fell sharply on Sunday night after President Donald Trump said the United States would take steps to block all shipping traffic through the Strait of Hormuz, following the collapse of weekend negotiations between Washington and Tehran. Futures linked to the Dow Jones Industrial Average (YM=F) fell about 1.2%, pointing to a drop…
Donald Trump no longer plans to meet Vladimir Putin in Hungary, the White House confirmed. The US president will not meet the Russian leader in the “immediate future” after a phone call between negotiators from both countries to prepare for peace talks went sour. On Thursday, Trump said he would meet Putin in Budapest once…
