Stocks Rise as Oil Falls

Stocks rally near all-time highs as major indexes climb back strong after the weekend, while oil prices ease following U.S.-Iran talks that hint at de-escalation—potentially reopening Persian Gulf shipping routes. Bond yields keep rising, fueling fears the Fed may hike rates later this year, with traders now betting nearly 90% chance of at least one hike by year’s end. AI stocks like SpaceX take a hit amid higher borrowing costs, but AbbVie’s $10.9B acquisition of Apogee Therapeutics sends the biotech stock soaring. Overseas, the UK’s FTSE 100 gains on political momentum. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c3212d1344472307