ASX set to rise, Wall Street advances as tentative Iran deal drives down oil prices

AI Summary

Wall Street is reaching new record highs as corporate profits accumulate, supported by a tentative 60-day ceasefire extension in the Iran conflict, which has helped to lower oil prices. This development positively influenced markets and contributed to easing energy costs.

Wall Street is pushing to more records as companies keep piling up profits while a tentative deal to extend the ceasefire in the war with Iran by 60 days also helped lift the market and rein in oil prices.