Markets surge on deal to end US-Iran conflict
Financial markets around the globe are rallying after President Donald Trump announced that the United States and Iran have agreed to end their conflict. What we know so far is that a deal expected to be signed in Switzerland later this week would reopen the Strait of Hormuz, easing concerns over global oil supplies and sending crude prices sharply lower. Meanwhile, SpaceX shares continued to climb after last week's market debut, and on Wednesday Kevin Warsh will chair his first Federal Reserve meeting. Interest rates are expected to remain on hold.
