Donald Trump<\/a> said he would meet in the Situation Room “to make a final determination” and reiterated that Iran “must agree that they will never have a Nuclear Weapon.” He also called for the Strait of Hormuz to be “immediately open.”<\/p>\n“Trump clearly doesn’t want to escalate and is looking for an off-ramp. Some type of a pact is very likely, and markets largely assume a sustained cessation of hostilities,” Adam Crisafulli, founder of Vital Knowledge, wrote in a note. “An actual announcement will probably trigger a ‘sell the news’ reaction for the overall S&P 500.”<\/p>\n
Oil prices gained Sunday after retreating Friday following the developments. West Texas Intermediate crude futures rose 1.8% to $88.83 a barrel, while Brent crude climbed 1.5% to $92.52. The U.S. benchmark posted its steepest monthly decline since April 2025, tumbling nearly 17% in May.<\/p>\n
Investors this week will turn their attention to Friday’s closely watched nonfarm payrolls report for fresh insight into the health of the labor market and the outlook for Federal Reserve policy. <\/p>\n","protected":false},"excerpt":{"rendered":"Traders work at the New York Stock Exchange on May 28, 2026. NYSE Stock futures were little changed…\n","protected":false},"author":2,"featured_media":706775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[202223,256890,1386,45,161,49,48,1377,1376,4357,5897,100,3098,1378,3097,6310,772],"class_list":["post-706774","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-lco26q","tag-lco26x","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-donald-j-trump","tag-donald-trump","tag-dow-jones-industrial-average","tag-iran","tag-markets","tag-nasdaq-composite","tag-sp-500-index","tag-stock-markets","tag-suppress-zephr","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/706774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=706774"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/706774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/706775"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=706774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=706774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=706774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}