Iran War: US & Tehran Weigh Longer Truce, Oil Stabilizes | The Opening Trade 4/16/2026

Good morning. It's Thursday, April 16th, and this is what is on our minds this morning. Global stocks rally with that talk of an extension to the cease fire.China's economy revs up despite the war. And we hear from anthropic about its new ai tool so powerful the company restricted its release. Okay, let's talk about these markets.What started a few days ago was the short covering rally has turned and morphed into this epic chase. Does it continue this morning. At the moment it looks like it does.Euro stoxx ...