Stocks Rally, Oil Plunges on US, Iran Agreeing to Two-Week Ceasefire | Bloomberg Brief 4/8/2026
US equity futures and treasuries rally along with oil falling below $100 a barrel after the US and Iran agree to a two-week ceasefire deal, just hours before President Trump's deadline.
Tina Fordham of Fordham Global Foresight dives deeper into the deal and Lucy Baldwin of Citi discusses the impact of the ceasefire on global growth. (Source: Bloomberg)
Markets Rally on Ceasefire News
- Stock markets surge, oil prices plunge after Iran ceasefire al.com —
- Stocks roar higher on U.S.-Iran ceasefire news, but plenty of questions remain NBC News —
- Oil prices plunge and stocks soar after U.S. and Iran agree on ceasefire NPR —
- Stocks leap as Iran ceasefire sparks global ‘relief rally’ Financial Times —
- Oil prices plummet amid Trump-Iran ceasefire deal The Hill —