Premarket: Global stocks steady, dollar firms as U.S.-Iran talks hit stalemate
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Article Excerpt
Major stock indexes inch to higher closes as AI fervour edges out Iran impasse
PUBLISHED MAY 11, 2026
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Stocks closed slightly higher on Monday, with AI optimism fueling upward momentum even as the earnings-driven fervour of the recent rally eased in the home stretch of reporting season and as crude prices rose, stoking inflation worries as U.S.-Iran peace negotiations stalled.
All three major U.S. stock indexes and the S&P/TSX Composite Index advanced, and…
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