S&P 500 ▲ 7,230.12 · Brent ▼ $108.17 · Gold ▲ $4,629.90 · VIX ▲ 17.0 · 10Y UST ▼ 4.38%
Trump declared the Iran war ‘terminated’ on 1 May, invoking the April 7 ceasefire to claim the 60-day War Powers clock had already stopped. S&P futures extended weekly gains; Exxon’s CEO warned the strait closure has not hit prices yet.
The 60-day clock ran out on 1 May…