Bitcoin Battered, Black Gold Bid As Job Openings Battle Hormuz Closings
Tl;dr: A surge in job openings (and plunging quits) combined with continued upbeat earnings sparked a notable decoupling between stocks (higher) and oil (higher) as traders parsed discordant signals on the prospects of a US-Iran peace deal. Bond yields tracked oil (and JOLTS helped) but ended unch-ish, with both gold and the dollar roller-coastering to end unch also. Bitcoin was clubbed a baby seal, completely decoupling from tech stocks.
