Stocks Shrug Off Surging Oil Prices, Bitcoin Rips As Tehran Turbocharges Tensions With Trump
Tl;dr: 'Ceasefire schmeasefire' - oil prices are back above yesterday's highs after Iran struck 3 ships in the Strait, but stocks continue to dream of post-conflict 'good times' based on solid earnings (hope), despite very narrow breadth. Bonds also shrugged off oil's angst as big-tech and bitcoin ripped higher. Gold and the dollar were unch.
