(RTTNews) - German stocks started off on a weak note Tuesday morning but recovered well and were up firmly in positive territory a little past noon on Tuesday on oil's continued weakness amid prospects for the reopening of the Strait of Hormuz by Iran helped lift sentiment. Investors await U.S. President Donald Trump's speech at the United Nations General Assembly later in the day. U.N. Ambassador Mike Waltz told reporters that Trump's remarks would highlight peace deals the president has worked on, U.S. actions in the Western Hemisphere and progress on his 20-point peace plan in Gaza. It will also touch on the "importance of ensuring that Iran never has a nuclear weapon," Waltz said.
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