Stocks Fall, Oil Rises as Iran Refuses to Soften Demands; US, China to Cut Tariffs
US stock futures and Treasuries declined as geopolitical tensions with Iran pushed oil prices higher. Meanwhile, the US and China announced a plan to reduce tariffs on $30 billion of imports.
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 double-layered AI security system that will keep agents from going awry. Aneeka Gupta of Wisdomtree joins…
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