Trump called Iran’s counter peace proposal “totally unacceptable,” dimming the prospects of an imminent deal to end the war.

By Isla Binnie NEW YORK, April 15 (Reuters) - Wall Street's stock benchmark S&P 500 touched an intraday record high as hopes for a cooling of U.S.-Iran tensions and strong earnings expectations boosted risk appetite on Wednesday,

P resident Trump really, really wants the war with Iran to end. He has declared victory many times, including about three weeks ago, when Iran briefly reopened the Strait of Hormuz. He has repeatedly extended his cease-fire deadlines instead of following through on his (sometimes-apocalyptic) threats to resume hostilities.

The President provided a number of details about talks with Iran, including a possible deal ahead of King Charles III visiting the White House at the end of April

Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.

However, Donald Trump that if Iran doesn't agree, then the bombing will begin again, and this time, "at a much higher level and intensity" than before.