Stocks rise on ceasefire relief, oil gains as truce is tested
@Morning Bid: Indefinite ceasefire, markets unbothered
Iran attacks oil tankers in Hormuz, sending oil back above $100 a barrel
Markets today are being driven almost entirely by geopolitics + energy, with a secondary focus on earnings and inflation.
➡️ The key theme:
“Markets are resilient… but fully dependent on oil and headlines”