<div id="readability-page-1" class="page"><div> By Dow Jones Newswires Staff <pre></pre> Oil prices pulled back on renewed optimism that the U.S and Iran are closing in on a deal that would reopen the Strait of Hormuz, though U.S. stock futures were unmoved by the developments. Brent crude oil for July delivery fell below $92 a barrel on hopes that oil-laden ships will soon be able to transit the crucial waterway. Treasury Secretary Scott Bessent said a deal to end the war was within reach Thursday, though President Trump has yet to approve any agreement. U.S. officials said the two sides were closing in on a 60-day deal, which would include a mutual unwinding of blocks in the Strait of Hormuz over the first 30 days. In equity markets, Asian stocks rallied on hopes for a deal with Japan's Nikkei closing at another record high. However, U.S. stock futures shrugged at overnight developments, trading largely flat. U.S. Treasurys strengthened, though the dollar held steady. A host of Federal Reserve speakers Friday will be watched closely for clues to the central bank's response to crucial inflation data released Thursday. Bank of England Governor Andrew Bailey is also set to speak. <pre></pre> --Oil prices are on track for steep weekly losses. Brent crude was down 0.8% to $91.97 a barrel and has plunged more than 11% this week, while WTI futures fell 0.8% to $88.17 a barrel. While reopening the Strait would provide immediate relief to the market, a resolution has already been priced in. &#34;Significant further downside is likely limited, particularly during the early stages of a ceasefire,&#34; analysts at ING said. Also, ship owners might hesitate to send vessels back into the Persian Gulf amid concerns the ceasefire could collapse, potentially leaving ships stranded once again, according to the analysts. <pre></pre> --In the U.S., stock futures were unmoved after all three major indexes closed at fresh records in the last session. Futures for the Dow Jones Industrial Average and S&amp;P 500 both traded flat. The tech-heavy Nasdaq was 0.1% lower premarket. The S&amp;P 500 and Nasdaq hit their 21st and 17th record closes of 2026 Thursday, respectively. Barring a selloff, the S&amp;P 500 is on track for a ninth consecutive weekly gain, a streak seen only four times since 1985, Tickmill Group's Patrick Munnelly wrote. Dell Technologies surged close to 40% in after-hours trade as investors jumped on sharp growth in the group's AI servers for data centers reported in the group's first-quarter earnings. <pre></pre> --Asia markets were mostly in the green. Japan's Nikkei Stock Average gained 2.5% to finish at yet another record high, led by electronic stocks. South Korea's Kospi ended 3.6% higher, taking the monthly gain to 28% due to the continued rally in chip stocks. Taiwan's Taiex rose 2.5%, also reflecting gains in chip &amp; tech. The Hang Seng Index trades 0.9% higher while China's Shanghai Composite closed 0.7% lower. <pre></pre> --Europe's blue-chip stock indexes rose. Airlines and travel stocks led the risers, while banking stocks gained across the continent. The Europe-wide Stoxx 600 was up 0.3%. Germany's energy-intensive DAX nudged up 0.2% as Commerzbank rose 1.2%, though the AI infrastructure-related Siemens Energy slipped 2.1%. In Paris, the CAC 40 rose 0.5%, led by Societe Generale--up 1.9%. Automakers in the index also gained, with Stellantis up 1.8%. London's FTSE 100 edged up 0.1% as falling oil super majors weighed on gains for miners and industrials. Banks pushed the Italian FTSE MIB and Spain's IBEX 35 up 0.5% and 0.9%, respectively. <pre></pre> --The dollar was steady as investors remained cautious. The DXY dollar index trades flat at 99.016. The euro trades steady at $1.1650. <pre></pre> --U.S. Treasury yields declined in Asian trade. &#34;The tentative U.S.-Iran deal to extend the cease-fire is taking center stage this morning,&#34; Danske Bank's Kristoffer Kjaer Lomholt said in a note. More importantly, U.S. PCE inflation data helped send yields lower Thursday with 30-year Treasury yields now firmly back below the 5.00% level, he said. The two-year Treasury yield edged lower 0.2 basis points to 4.022%; the 10-year yield fell 1 bp to 4.440%. <pre></pre> --Eurozone government bond yields edged higher in early trade, though the 10-year German Bund yield remains below 3%. &#34;Ten-year Bund yields were rejected above 3% with the Middle East news improving again and U.S. PCE inflation coming in below expectations,&#34; said Commerzbank's Christoph Rieger in a note. The 10-year Bund was up 1 basis point at 2.971%. <pre></pre> --Bitcoin recovered only marginally after reaching a six-week low in the previous session as uncertainty over U.S.-Iran negotiations continues. The cryptocurrency rose 0.3% to $73,663 after falling to as low as $72,504 Thursday, LSEG data show. <pre></pre> --Gold prices rose. In early trading, futures in New York were up 0.5% to $4,554.40 a troy ounce and are on track for a modest weekly gain of 0.7%. &#34;The easing of energy-driven inflation concerns helped push bond yields and the dollar lower, providing support to bullion,&#34; analysts at Saxo Bank said. Still, &#34;gold remains caught in a challenging technical environment.&#34; <pre></pre> Write to Barcelona Editors at barcelonaeditors@dowjones.com <pre></pre> (END) Dow Jones Newswires May 29, 2026 04:26 ET (08:26 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

GBTC

600547

Oil prices fell as optimism grew over a potential U.S.-Iran deal to reopen the Strait of Hormuz, with Brent crude dropping below $92 a barrel. Despite this, U.S. stock futures remained flat. Asian markets rallied, with Japan's Nikkei hitting a record high. Analysts suggest that while reopening the Strait could provide relief, significant downside risks remain. U.S. Treasury yields declined, and Bitcoin saw a slight recovery. Gold prices rose amid easing inflation concerns.

MorningStar

Kinross Gold

Grayscale Bitcoin Trust BTC - ETF

SD-GOLD

American Bitcoin

Zijin Mining

Newmont

ZHONGJIN GOLD

Invesco Db Precious Metals ETF

VanEck Oil Refiners ETF

Franklin Bitcoin ETF

Microsectors Gold Miners 3x Leveraged ETN

SPDR Energy Select

Invesco Galaxy Bitcoin ETF

CoinShares Bitcoin ETF

iShares MSCI Global Gold Miners

GLOBAL X Gold Explorers

Direxion Daily Jr Gold Miners Bull 2X

Sprott JR Gold Miners ETF

SPDR Gold Minishares

Us Gbl GLD & Met

NEOS Bitcoin High Income ETF

Direxion Daily Gold Miners Bull 2X

VanEck Oil Services ETF

iShares Gold Trust

Pro Ultr Bloomberg Crude Oil

SPDR Gold Shares

ProShares Bitcoin Strategy ETF

YieldMax Gold Miners Opt Inc Strgy ETF

United States Oil Fund LP

Abrdn Precious Metals Basket ETF Trust

VanEck Gold Miners ETF

iShares Bitcoin Trust ETF

VG Energy

VanEck Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund - ETF

Abrdn Gold ETF Trust

WisdomTree Bitcoin Fund

SPDR O&G Equip

SPDR O&G Ex & Prd

ISHRS S&P Glb Engy

Roundhill Gold Miners Weeklypay ETF

iShares US Oil Equip & Svcs

VanEck Junior Gold Miners ETF

Sprott GLD Miners Etf

Pro Ultr GLD

iShares US Oil & Gas Expl & Prod

Bitwise Bitcoin ETF

ARK 21Shares Bitcoin ETF

Us Brent Oil

ING Groep

Dow Jones Industrial Average

S&P 500

NASDAQ Composite Index

Dell Tech

Hang Seng Index

Commerzbank AG

Siemens Energy AG

Société Générale

Stellantis NV

Oil Falls though U.S. Futures Unmoved as Bessent Says U.S.-Iran Deal in Sight