Bloomberg

Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting including Israeli strikes in Lebanon have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation.

Wang Jin, a Chinese scholar specializing in the Middle East, says Beijing is not in a position to influence Iran's decisions or change its behavior, but that it has done it best to support the Middle East peace process. Speaking to Bloomberg's The China Show, he points out that China has maintained extensive communication with multiple parties in the region.

Christina Woon of Eastspring Investments says the current environment "can be quite interesting from an opportunity perspective because you can capitalize on the nearer term volatility to also pick up some gems over the longer term."

The White House has announced the US would hold direct talks with Iran, with Vice President JD Vance leading an American delegation to Islamabad, despite continued fighting in the Middle East.

Levi's CEO Michelle Gass said that both celebrity ad campaigns and organic pop culture moments have contributed to Levi's boosted outlook as the jeans brand collaborated with Beyonce and were featured on the fashion forward FX series 'Love Story.' Gass also discussed supply chain consideration as US-based companies face higher transportation costs and tariffs on manufacturing.

Matthew Luzzetti, Deutsche Bank chief US economist and head of US Economic Research, said that the US economy has revealed to be 'very resilient' in the fact of 'abnormal and historic' shocks over the last year. Luzzetti said that the geopolitical situation points the fed in a more hawkish direction, but it doesn't necessarily overturn a resilient view of the economy.

Coldwell Banker Affiliates President Jason Waugh discusses housing stocks bracing for the spring selling season, 'healthy and strong' demand, and why uncertainty is driving the market. He talks with Katie Greifeld and Romaine Bostick on "the Close."

Apollo Private Equity Co-Head David Sambur discusses how dealmaking is persisting despite uncertainty around the Iran war, saying that while deal markets want calmness and certainty, 'fortunes are made in volatility." He talks with Katie Greifeld and Romaine Bostick on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Matt Zimmer, global head of investment banking at William Blair, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." They discuss which sectors stand to see a slowdown or acceleration in dealmaking amid global fuel constraints.