Oil prices fall, stock futures climb on reports U.S. has proposed a cease-fire to Iran

Global oil prices tumbled and U.S. stock futures rose on Tuesday evening following reports that the U.S., via intermediary Pakistan, had sent Iran a 15-point plan to end the conflict in the Middle East, now in its fourth week.
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A bad Treasury auction is offering a glimpse into the anxiety on Wall Street over the Iran war

Wall Street jitters about the Iran war spilled over Tuesday into a vital part of U.S. financial markets that typically hum along without a hitch.
United ditches more economy seats to make room for bigger premium cabins with new layouts
United will have new cabins on smaller planes with premium seats, including those that convert into a bed, to win more sales from high-spending travelers.
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The Iran crisis is making this retirement strategy look better than it has in decades

Recent wild movements in the bond markets may have created an opportunity.
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Japan’s SMFG is considering a takeover of Jefferies

The potential move is a key part of the Tokyo-headquartered group’s intention to increase competition with Wall Street’s top investment banks, according to the FT
Estee Lauder says it has a suitor. That’s still not helping its stock.

Estee Lauder says it could merge with luxury Puig Brands of Spain.
Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
Toyota on Monday announced $1 billion in investments in two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.



