According to Gary Black, stocks pared earlier losses after reports of Iran's willingness to trade uranium stockpiles for concessions, coupled with stronger-than-expected ISM services data and ADP payrolls. Brent crude surged 20% since the Mideast escalation, pushing 10-year yields higher, while Bitcoin slipped and precious metals gained. AVGO rose 7.4% on strong Q2 revenue guidance, with KR and COST earnings due today. Easing tensions, softer jobs data, and oil retreat could drive equities to new highs.