Stocks Supported by Lower Crude Oil Prices and Bond Yields

Crude oil prices edged lower as traders evaluated an interim peace deal between the US and Iran. State television in the Islamic Republic and a US official confirmed that the presidents of both nations signed the pact digitally to reopen the Strait of Hormuz. Simultaneously, stocks received support from the decline in crude oil prices and lower bond yields, reflecting the market's reaction to the geopolitical developments and shifting financial indicators.