Trump issued an order that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security agreement with the U.S. government.
U.S. futures ticked up on Monday, while gold prices dipped. Those moves suggest investors are operating with a cooler head now after the initial panic.
"Never try and predict what the price of oil is going to be, because there's one sure thing: You're going to be wrong," says Baker Hughes CEO Lorenzo Simonelli.
The markets have mostly shrugged off Russia's invasion of Ukraine and the Israel-Hamas war. But Israel's conflict with Iran is still in its early days.