"Futures are exploding higher, as President Trump chose not to 'end civilization in Iran' and agreed to a two-week pause on attacks on Iran."
"Yields were down across the entire Treasury curve on Tuesday, as investors clearly sensed that the worst could happen in Iran and sought the shelter of U.S. government debt."
"In a very welcome sign for investors, oil finally fell for the first time in days, as hopes for an easing of tensions and more ships passing through the Strait of Hormuz were positive data points."
"Precious metals sold off until an afternoon reversal that helped Gold turn around and finish the day at $4,708, up 1.31%."
Futures surged following President Trump's decision to pause attacks on Iran, allowing ships to pass through the Strait of Hormuz. Major indices showed mixed results, with the S&P 500 and Nasdaq closing higher, while the Dow Jones Industrial Average fell slightly. Treasury yields decreased as investors sought safety in government debt amid geopolitical tensions. Oil prices fell for the first time in days, and precious metals saw a late-day reversal, driven by safe-haven demand. Cryptocurrency markets experienced a pullback due to rising geopolitical concerns.
Read at 24/7 Wall St.
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