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Here's your midday brief for Friday, February 6th. I'm Pierre Biennamee for the Wall Street Journal.

The week's swoon in tech stocks is fading out, and shares are climbing broadly this morning.

The Dow is up more than 1.5%, hitting an intraday high that's not far from the 50,000 level.

Crypto is also regaining some ground. Bitcoin is trading near $68,000,

recovering after its biggest one-day drop since 2022. A closely watched measure of consumer sentiment

ticked higher this month. The University of Michigan's index rose to 57.3. Economists had

expected a slight decline. Sentiment is getting a bit better after grim levels

late last year when they were near an all-time low. But the surveys director said that despite the

improvement, the public remains anxious about inflation and a weaker labor market. And in U.S. Iran talks

today, Iran refused to end its enrichment of nuclear fuel.

But both sides signaled a willingness to keep working toward a diplomatic solution that could head off an American strike.

The two sides didn't meet face-to-face, but instead held alternating discussions with Omani diplomats.

People familiar with the discussions say the U.S. and Iran didn't move much from their

original positions. Heads up, an artificial intelligence tool helped us make this episode by creating

summaries that were based on WSJ reporting and then reviewed and adapted by an editor. We'll have

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