New Ceasefire Hopes Add $550 Billion to US Stocks as Oil Retreats
US shares gained roughly $550 billion Monday as hopes rose for a 10-day US-Iran ceasefire. Oil fell as merchants priced in calmer provide dangers. Mediators need the pause to revive June’s interim peace deal. A senior Iranian official confirmed the provide to Reuters on Monday. WTI and Brent Crude Oil Price Performance. Source: TradingView Why…
