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U.S.-Iran ceasefire relief rally lifts global assets as oil plunges below $100

Apr 08, 2026 03:17 UTC

A two-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens..

  • In this article A 2-week ceasefire between the U
  • S
  • and Iran triggered a relief rally across risk assets, sending stocks higher and oil tumbling, while persistent demand for gold and Treasurys pointed to a market still hedging against uncertainty

In this article A 2-week ceasefire between the U.S. and Iran triggered a relief rally across risk assets, sending stocks higher and oil tumbling, while persistent demand for gold and Treasurys pointed to a market still hedging against uncertainty. U.S. PresidentDonald Trumpsaid he had agreed tosuspend planned attacks on Iranian infrastructurefor two weeks, subject to Iran agreeing to a "COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz." Stocks surged across regions, with Asian benchmarks and U.S. futures climbing, as investors seized on the announcement as a potential turning poin

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