Markets rebounded after Trump suggested the US is in final-stage talks with Iran, overshadowing geopolitical uncertainties.
US equities reversed a weekly loss after President Trump stated the US is in the “final stages of talks” with Iran, boosting risk sentiment. The remark countered a cautious market mood earlier in the week, despite no tangible progress in the 83-day conflict.
Prior to the comment, stocks were poised for a weekly decline amid tepid sentiment. Trump’s history of optimistic market commentary has repeatedly influenced investor behavior, even when underlying fundamentals remain unchanged.
Nvidia’s post-market earnings also drew attention, with the chipmaker beating expectations but facing high investor scrutiny. Data center strength remained a key focus, though markets await further confirmation of sustained growth.