Trump: The US is in the middle of final negotiations to end the Iran warPutin: We are ready to make a deal with Ukraine peacefullyUkraine Zelensky to Putin: Enough of war. Ukraine proposes to end the warFed's Schmid: Biggest risk facing the US economy is now inflationTreas Sec Bessent: "I wish job market had come out today".BOE Bailey: Markets have been orderly but stressed at times.Fed's Daly: Policy is in a good place and we are prepared to respond either wayUS Initial jobless claims 225K vs 213K estimate. Continuing Claims 1.777M vs 1.780M est.Hezbollah Lebanon leader: We only care about a complete ceasefire and Israeli withdrawalMarkets:S&P 500 up 0.4%WTI crude oil down $2.91 to $93.11Gold up $46 to $4478US 10-year yields down 1.4 bps to 4.48%Bitcoin down $1500 to $63,400CHF leads, USD lagsLate in the day, we're getting more comments from Trump on the situation in Lebanon, as he says "I think progress has been made" and that "I think things will happen over there."The day started with positive comments from him on the deal and that started a big turnaround, that was also helped by a drop in oil prices.Overall, it was another record close for the S&P 500 but the Nasdaq dipped slightly on a big drop in Broadcom shares. However that the index only declined slightly despite a crushing drop in one of the world's largest companies and a big AI beneficiary is inspiring for the bulls. In FX, the dollar was relatively quiet but weaker in line with the more-peaceful talk from Trump. Bonds also pointed in that direction.Overall, economic news was light today and the path of least-resistance was higher in risk assets. The strength in the stock markets was impressive as it's been for the past two months. This article was written by Adam Button at investinglive.com.