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Investors found some relief after Trump prolonged a ceasefire with Iran, sending U.S. stocks higher and setting up a positive open across Asia.
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Despite an extension of the ceasefire in Iran byTrump, Iran has seized ships in the Strait of Hormuz, raising questions if the truce is on shaky ground.
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U.S. Treasury yields were little changed on Wednesday after President Donald Trump announced an indefinite extension to the ceasefire with Iran.
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Three vessels came under fire in the Strait of Hormuz, after the U.S. and Iran failed to meet in Pakistan for talks to end the war and as President Trump extended the ceasefire but kept the blockade.
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Lebanese officials say rescue teams came under fire while trying to aid Amal Khalil, a reporter for a Lebanese newspaper, and Zeinab Faraj, a photojournalist.
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Two ships came under attack in the Strait of Hormuz, hours after Trump extended the ceasefire with Iran. And, Virginia voters approved a measure allowing Democrats to redraw the congressional map.
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The attacks come shortly after President Donald Trump said the U.S. would extend the ceasefire with Iran to allow peace talks to continue.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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Prospects for further negotiations remain uncertain, with Tehran and Washington offering conflicting signals on the ceasefire's status.
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Renewed Iranian attacks on cargo vessels and U.S. seizures of ships linked to Iran threaten to scuttle diplomatic efforts even as President Trump extended a ceasefire.
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