Stocks Rally, Oil Plunges on US, Iran Agreeing to Two-Week Ceasefire

MATT: IT IS 5:00 IN NEW YORK CITY, 10:00 A. M. IN LONDON.I AM MATT MILLER IN FOR VONNIE QUINN. STOCKS ARE SOARING AND THE DOLLAR DIPS AFTER THE U.S. AND IRAN AGREE TO A TWO-WEEK CEASE-FIRE. OIL DROPS BACK BELOW 00 A BARREL AS SHIPS AWAIT A TEMPORARY REOPENING OF THE STRAIT OF HORMUZ.TREASURIES RALLY WITH BETS THE FED WILL RESUME ITS RATE CUTS AND AUCTION FOR 10 YEAR NOTES ON DECK THIS AFTERNOON. YOU CAN SEE S&P FUTURES AT THEIR SESSION HIGHS, UP 2.7%. NASDAQ FUTURES UP 3.5%.SMALL CAPS DOING EVEN BETTER. A M ...