S&P 500 ▲ 7,431.46 (Fri) · Brent ▼ $83.32 · Gold ▲ $4,345.50 · VIX ▼ 17.7 (Fri) · 10Y UST ▲ 4.49% (Fri)
A 14-point US–Iran memorandum of understanding announced on Sunday promises to end the Gulf war and reopen the Strait of Hormuz. The plan defers nuclear disposal, sanctions sequencing, and Lebanon enforcement to a 60-day window that begins only after W…