U.S.-Iran negotiations unsettle markets as Trump and President Pezeshkian spar

Brent crude falls as stocks rally

Oil prices slid fast: Brent crude fell 5.2% to $98.12 a barrel (first time under $100 this month), and US crude nearly hit $92.
Stocks didn't panic: the Dow hit a record high of 50,812 before closing over 200 points up, with S&P 500 and Nasdaq also seeing gains.
Investors played it safe too—gold rose 1%, silver jumped 3%, and bond yields held steady amid all the uncertainty.