India, June 2 -- Sentiment in global markets improved on Tuesday as markets cheered hints of a diplomatic push to end the conflict between the U.S. and Iran. President Trump's comments that talks with Iran were still underway and that Israel and Hezbollah had agreed to halt attacks supported sentiment. Markets had retreated a day earlier amidst reports of Iran's leadership halting talks with the U.S. in protest over Israel.
Wall Street Futures are trading in slightly negative territory even as sentiment remains sensitive to developments in the Middle East. Benchmarks in Europe have rallied strongly. Earlier in the day, Asian markets had finished trading on a mixed note.
Dollar retreated amidst expectations of a U.S.- Iran deal over the ne...