Global Markets | Dollar and oil rise, stocks slide as US-Iran peace talks collapse

Oil and the dollar jumped on Monday as the failure of U.S.-Iran talks to yield an agreement left a fragile ceasefire hanging in the balance and no end to a choke on Mideast energy exports. Stocks were set to fall in Asia and S&P 500 futures dropped around 1.1% in early trade. Benchmark Brent crude futures opened about 7.5% higher at $102.37 a barrel. The euro fell about 0.5% to $1.1672. Marathon talks in Islamabad ended in stalemate and U.S. President Donald Trump on Sunday ‌said the U.S. ⁠N...