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US markets climb on oil and inflation outlook
U.S. stock indices rose slightly as oil prices remained stable, while investors awaited the upcoming release of US inflation data. Market movements come amid indications of a potential agreement to reopen the Strait of Hormuz between Iran and Oman, despite ongoing doubts about the possibility of direct negotiations between the United States and Iran. Nvidia's shares increased by about 2% after announcing a partnership to fund artificial intelligence projects worth over $500 billion. Meanwhile, oil prices slightly declined to around $81 per barrel for U.S. crude and $87 for Brent. Markets are preparing to monitor US inflation data, which could influence the Federal Reserve's decision on interest rates.
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