US EQUITY OPEN: Stocks open with marginal gains as crude falls on US/Iran diplomacy hopes
Newsquawk ·
US EQUITY OPEN: Stocks opened with marginal gains on Tuesday, adding to Monday's rally. The Russell outperforms so far, while the equal-weight S&P is also up 0.3%. Sectors are mixed, with Consumer Staples, Communication Services and Materials outperforming, while Energy, Utilities and Health Care lag. Energy stocks are tracking crude prices lower. Crude prices are lower amid hopes for US/Iran diplomacy and signs of supply returning. Reports suggested a senior Iranian official said Tehran welcomes a revival of diplomacy if the US takes steps, while separate reports suggested Iran could reopen the Strait within seven days if the US eases military pressure and lifts the blockade, although the latter report was subsequently denied by Iran. Also adding to the downside were reports that Saudi Arabia has restarted the East-West oil pipeline and is preparing to resume crude exports from Yanbu later today. Meanwhile, US President Trump reportedly told advisers he would like to meet Iranian
DYAX Investor Sentiment
Bullish (Long) 44% · Bearish (Short) 56%
278 participants
Related News
- Crude Futures Retreat Below USD 94/bbl Following Hormuz Straits Opening Reports
- Bitcoin Surges Past $85,000 Driven by MicroStrategy's Additional Purchase
- Crypto Fear and Greed Index Hits 78 Indicating Extreme Greed
- Newsquawk Daily Asia-Pac Opening News - September 22, 2026
- Strategy Announces Acquisition of 950 Bitcoins and STRC Share Buyback
- Bitcoin Hits 7-Month High as Crypto-Related Equities Surge
