Karen Moscow

S&P futures up a third of a percent, so are NASDAQ futures.

Dow futures up seven-tenths of a percent, 10-year treasury yield 4.54%, and NYMEX crude oils up a third of a percent at $96.68 a barrel, Brent at $103.57.

And the auto racing world mourning the death of Kyle Busch, the two-time Cup Series champion who won more races than anyone across NASCAR's three national series, has died at the age of 41.

Bush's family said he was hospitalized with a severe illness and no cause of death was given.

That's news when you want it with Bloomberg News Now.

I'm Karen Moscow and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Karen Moscow.

Secretary of State Marco Rubio said there was slight progress in mediated negotiations with Iran as the prospect of a deal to turn a fragile ceasefire into a lasting peace agreement remains uncertain.

Rubio spoke ahead of a NATO foreign ministers meeting in Sweden.

I'm Secretary of State Marco Rubio.

Tehran is considering the latest peace proposal submitted by the U.S.

through Pakistan, but has given no indication of when it will formally respond.

The status of the Strait of Hormuz, a critical conduit for global energy supplies, and Iran's nuclear program remain major sticking points, and President Trump is coming out against plans from Iran and Oman to set up permanent tolls in the Strait of Hormuz.

And that's President Trump.

Oil prices are rising this morning.

NYMEX crude oil is up 2.25% at $98.54 a barrel.

Brent is up almost 3% at $105.55.

Meanwhile, on Capitol Hill, House Republican leaders abruptly canceled the latest vote to authorize the war.

Democratic Congressman Jim McGovern says it shows the conflict is losing support.