Markets Rally on US-Iran Talks, Oil Dip

0:00Australian markets look set to bounce at the open, tracking a global rally as oil prices dip and fresh hopes build for U.S. Iran talks to wrap up there. War. Futures at 5.30 a.m. Australian Eastern Standard Time Signal, a 48-point jump or 0.54% gain building on Tuesday's rise. The Aussie dollar sits steady around U.S. 71 since 28. For night, U.S. stocks pushed higher near all-time highs with the S&P 500 of 1.1%, the Dow 315 points, or 0.7%, and NASDAQ climbing 1.8%. Asia and Europe joined the party too. South Korea's Kospi leaped 2.7%. Japan's Nikkei 2.4% fueled by Pakistan's pushed to mediate fresh negotiations. U.S. are breathing easier with oil for May delivery, down 7.9% to $91.28 a barrel, easing

1:01fears. Overstraight of Hormuz blockages that spiked prices and inflation, U.S. wholesale inflation hit 4% in March, better than the 4.6% forecast, though global rates could accelerate to 4. 4% this year, per the IMF, which also trim growth to 3.1%. Some corporate earnings are stealing the show amid the uncertainty, BlackRockup 3.3%, City Group 3.2% on, Blue Owl Profits, software firms and private credit outfits like Blue Owl Capital, up 8.1% are rebounding, while Treasury yields ease to 4.25% as inflation worries cool. If these talks pan out in the war phase to a blip, markets can refocus on solid company growth and profits, setting the stage for steadier climbs. Ahead, that's the story for today, Sinny News Today, driven by AI.