[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+0.8%), and DJIA (+0.4%) have given back a considerable chunk of their earlier gains following a report from an Israeli source that ceasefire negotiations between the U.S. and Iran are not progressing in a positive way.
Additionally, Axios reporter Barak Ravid wrote on X that Mehdi Tabatabai, Iranian President's Pezeshkian's deputy spokesman, said that "the text of an important letter by Pezeshkian addressed to the American people will be released within the next few hours."