Business Rundown: The U.S.-Iran Peace Pact, The Fed, Space X

For over 100 days, the conflict between the U.S. and Iran has kept markets on edge.

But now, investors are celebrating reports that the U.S. and Iran have reached a preliminary deal to end hostilities and reopen the Strait of Hormuz.

David Bahnsen, Founder and Managing Partner of The Bahnsen Group, joins FOX Business’ Taylor Riggs to discuss how cautious traders should remain since the potential peace pact isn’t expected to be official until Friday, and how this development could impact the Fed meeting later this week.

Bahnsen also discusses the job market, “AI washing,” and SpaceX stock.