Peace Talks with Iran Continue Amid Market Gains and Military Strikes

On the 88th day of conflict with Iran, President Donald Trump maintains that a peaceful resolution is within reach, though Iran criticized recent U.S. military actions as demonstrating “bad faith and unreliability” while diplomatic talks persist. State media from Lebanon reported that an Israeli attack resulted in 12 additional fatalities. Iran continues to insist that any agreement must encompass cessation of fighting in both Lebanon and Gaza.

The president has a medical examination scheduled in Washington, while political battles over redistricting persist. The Congressional Black Caucus is pushing for corporate involvement to protect voting rights, marking an end to their collective withdrawal during Trump’s second term. In Texas, Ken Paxton, who has Trump’s endorsement despite scandal allegations, is expected to defeat Sen. John Cornyn in Tuesday’s Republican primary runoff.

Following the Memorial Day break, U.S. crude oil prices dropped 3.8% to $92.99 per barrel on Tuesday, while American stock markets gained ground, catching up with international markets that had already climbed after Trump described Iran negotiations as “proceeding nicely.”

The S&P 500, Dow Jones Industrial Average and Nasdaq composite all advanced Tuesday, approaching record highs despite continued Middle East fighting and U.S. military acknowledgment of strikes against Iranian missile facilities and mine-laying vessels on Monday. Financial markets have previously surged on expectations of war’s end, only to watch the conflict continue while driving up global inflation.

The Congressional Black Caucus is requesting that major American corporations stand against Republican redistricting initiatives aimed at eliminating House districts with Black majorities.

A Tuesday letter to over 250 companies calls for condemnation of “coordinated efforts to silence Black voices at the ballot box.” Some companies had previously joined a 2021 message to Congress supporting the John Lewis Voting Rights Act, Democratic legislation to renew and modernize the Voting Rights Act.

The Business for Voting Rights coalition from 2021 featured Apple, Amazon, Google, Meta, Microsoft, Tesla, Salesforce, Target, PayPal, Intel and Starbucks.

“Corporations that have profited from Black consumers, relied on Black workers, and amassed wealth in part from Black communities cannot look away while Black political power is dismantled in plain sight,” caucus chair Rep. Yvette Clarke stated during an interview.

The White House announced Trump would greet service members and hospital personnel before undergoing extensive medical evaluation by a physician team.

This marks the Republican president’s fourth public medical examination since returning to office in January 2025, as the nearly 80-year-old leader seeks to demonstrate vitality ahead of November elections that will measure his influence with voters.

Officials describe the visit as routine annual preventive medical and dental care. Trump’s previous Walter Reed visits occurred in October and April 2025.

Last July, the White House revealed Trump had been diagnosed with an age-related condition causing blood accumulation in veins, explaining ankle swelling visible in photographs.

Officials have also attributed hand bruising seen in images to frequent handshaking.

No legal mandate exists for such disclosures, and transparency levels differ among administrations.

For decades, presidents have published medical findings to demonstrate their fitness for the demanding position.

However, presidential approval is required for all releases, creating uncertainty about withheld information.

Medical experts have previously questioned Trump’s health reports for lacking detail and containing questionable data.

The White House will need several hours before sharing Tuesday’s examination results.