Oil & Yields Drop, Stocks & Crypto Pop As Iran 'Truce' Holds, US Micro/Macro Strong

Tl;dr: A lack of escalation overnight combined with Hegseth's comments that "the ceasefire is not over," pushed oil prices down and left investors free to return to buying (tech) stocks with both hands and feet. Gold gained as the dollar dipped; bitcoin continued to rally amid ETF inflows. Memory stocks big gainers while some financials suffered as Anthropic release financial services templates.

Today's gains come as US Micro and Macro remain supportive:

Oil