Markets surge as U.S.-Iran ceasefire sends oil tumbling — but how broad is this rally?

a strong relief rally on Wall Street in response to the two-week ceasefire of hostilities uh among US, Israel, and Iran. And a lot of things are fitting into place. A lot of investors had opened up the possibility that in fact we had upside risk if we did get uh some kind of a uh of a peace moment here.It's happening. You have oil prices cracking pretty significantly, although not back to their pre-war lows. You have Treasury yields coming off their recent highs and then more than 2% gains in all of the maj ...