Risk Indicator: Mild Risk-On - FJElite
A wave of optimism swept through global markets, lifting stocks and bonds while sending oil toward its biggest drop in six years after the US and Iran reached a ceasefire agreement.
The sharp rebound in risk appetite pushed the S&P 500 up about 2.5%. A slump in oil below $95 eased fears of an energy shock that could drive inflation, reviving bets the Federal Reserve will cut rates in 2026. As safe-haven demand faded, the dollar erased its gains for the year.