The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Futures, Global Stocks Soar To All Time HIgh, Oil Plunges On Endless "Iran Deal" Drumbeat

News Snapshot:

US equity futures jumped and global stocks rose to record highs as crude oil fell after officials signaled – once again – that the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened while precious metals and crypto bounced from Friday's drop. While the US and Iran closed in on a deal, Trump said he won’t “rush” into an agreement. The deal is still a work in progress and the US is going to give diplomacy every chance to succeed, Secretary of State Marco Rubio said. S&P 500 futures squeezed higher by 0.9%, in line…

Other China Tech Buzz: