business / news / / The Manila Times
US stocks surged to their best day since last spring.
President Trump is reportedly willing to end the U.S. military campaign against Iran even if the Strait of Hormuz stays closed.
KEY POINTS
- Iran’s president Masoud Pezeshkian signaled willingness to end the war, conditional on guarantees against future aggression.
- Nvidia invested $2 billion in Marvell Technology and announced a partnership, causing Marvell shares to jump 12.8%.
- McCormick is acquiring most of Unilever’s food business for $44.8 billion in cash and stock.
- The yield on the 10-year Treasury fell to 4.31%, down from 4.44% last week, easing rate pressures.
COMPANIES
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