Amy Morris

and Israel attacked Iran in February.

Secretary of State Marco Rubio says there was some progress during talks with Iran amid uncertainty about whether a deal will be reached or war will continue.

Rubio is in Sweden meeting with other NATO leaders where he told reporters President Trump has been feeling disappointment by NATO's lack of support for the U.S.

Iran's state media reports Iran's foreign minister says the nuclear issue will not be discussed now.

A senior UAE official tells Agence France-Presse that they think there's a 50-50 chance there could soon be a deal to free up the Strait of Hormuz.

Now, hopes for a deal between the U.S.

and Iran are fueling Wall Street optimism, driving stocks toward their longest streak of weekly gains since December of 2023.

We check those markets for you all day long here at Bloomberg.

The S&P 500 up 0.6%, NASDAQ up 0.4%, the Dow up 0.8%, the 10-year Treasury yield at 4.55%, the 2-year yield at 4.12%.

WTI crude is now right at $96 a barrel and Brent crude just over $103 a barrel.

Consumer sentiment fell in May to a record low, 44.8, because of the war in Iran, weaker than all projections in a Bloomberg survey of economists.

The University of Michigan Consumer Sentiment Index shows cost of living also continues to be a concern.

57% of consumers mentioned that high prices were eroding their personal finances.

Director of Consumer Surveys at the University of Michigan, Joanne Hsu.

Director of Surveys Joanne Hsu.

The head of the World Health Organization says the Ebola outbreak in Congo is spreading rapidly and poses a very high risk at the national level.

That risk still remains low at global levels.

Congo Country Director for the Danish Refugee Council, Caitlin Brady.

Caitlin Brady with the Danish Refugee Council on Bloomberg Daybreak Europe.

The House Oversight Committee is asking the CEOs of Kalshi and Polymarket for information about their efforts to prevent insider trading on their prediction platforms.