Global stocks rise as investors weigh Iran peace talks
Global equities and oil prices climbed on Friday as markets reacted to uncertainty surrounding U.S.-Iran negotiations. While U.S. Secretary of State Marco Rubio noted progress in talks to end the conflict, concerns over the Strait of Hormuz continue to impact global interest rate expectations.
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Global equity markets rose as the MSCI main world stocks index gained 0.22% on May 22. Uncertainty over peace talks between the United States and Iran kept the dollar near six-week highs. Investors are weighing potential energy disruptions against a shift in Federal Reserve rate expectations as the conflict continues.
