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Asia markets set to open mixed as oil jumps on Trump rejecting Iran proposal CNBCStock futures slide as investors monitor the latest Iran war negotiations: Live updates CNBCOil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle The New York TimesShare futures ease, dollar gains as Gulf talks teeter
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U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran's response to the latest U.S. proposal to end the war "totally unacceptable."
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Energy secretary says Trump administration is open to suspending gas tax amid soaring prices NBC NewsEnergy Secretary Floats Pause in Federal Gas Tax The New York TimesEnergy Secretary says Trump 'open' to pausing gas tax amid climbing prices USA TodayTrump official opens door to gas tax suspension AxiosChris Wright: ‘I don't know the future of gas prices' Politico
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Trump official opens door to gas tax suspension AxiosEnergy Secretary Floats Pause in Federal Gas Tax The New York TimesTrump's energy secretary refuses to say US gas price average won't hit $5 a gallon as impacts of Iran war worsen The IndependentChris Wright: ‘I don't know the future of gas prices' PoliticoEnergy secretary says Trump administration is open to suspending gas tax amid soaring prices NBC News
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The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
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With profit margins now twice their historical average, big U.S. stocks are priced for perfection.
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