JD Vance is expected to travel to Islamabad, Pakistan, on Tuesday for potential negotiations with representatives from Iran, but peace talks are still uncertain as the end of the ceasefire approaches.
Markets were hopeful on Friday after Iran announced that the Strait of Hormuz would be reopened to commercial vessels. Now, escalating tensions are bringing expectations back down.
"With over 50 years of experience, we know that a simple so-called index fund … does actually better than professional money managers," said economist Burton Malkiel.