S&P 500 ▲ 7,431.46 (last close) · Brent ▼ $82.98 · Gold ▲ $4,346.40 · VIX ▼ 16.2 · 10Y UST ▼ 4.47%
The US and Iran signed a memorandum of understanding that reopens the Strait of Hormuz and extends the ceasefire for 60 days. The war’s four stated objectives – nuclear dismantlement, missile programme, proxy networks, regime change – are deferred to talks …