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U.S. stocks gain on Iran talks
U.S. market developments indicate a 0.2% rise in the S&P 500 index, amid anticipation of inflation data accompanied by expectations of an increase in the core personal consumption expenditures (PCE) price index compared to April. The Dow Jones Industrial Average also increased by 201 points, while shares of some companies such as SpaceX declined. Additionally, announcements from American and Iranian officials regarding a framework agreement led to a nearly 3% drop in oil prices, with Brent crude falling to around $77 per barrel, amid concerns about rising inflation and the impact of upcoming economic data on the markets.
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