Following an Oval Office coal policy announcement, President Donald Trump stated he would consider meeting Iranian Supreme Leader Ayatollah Mojtaba Khamenei if diplomacy progresses.
“If we make a deal, it’s possible that I would meet,” Trump said. “I’d be okay with that.” His comments come amid mixed signals from negotiations as the U.S.-Iran conflict enters its fourth month under a fragile ceasefire.
Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.03%. The CME Group's FedWatch tool‘s projections show markets pricing a 96.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
Index
Performance (+/-)
Dow Jones
0.06%
S&P 500
-0.53%
Nasdaq 100
-1.09%
Russell 2000
-0.63%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Friday. The SPY was down 0.47% at $753.51, while the QQQ declined by 1.04% to $732.91.
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