Oil jumps as Iran talks stall; stocks diverge ahead of central bank meetings
Crude climbed after talks failed to reopen the Strait of Hormuz, while equities split as investors focused on central bank meetings, interest-rate outlooks and corporate earnings.
Oil prices jumped Tuesday after talks made no progress toward re-opening the Strait of Hormuz. Stocks diverged as attention turned back to upcoming central bank meetings, the outlook for interest rates and company earnings.