This is nothing really new as AP reported hours ago that a two-week ceasefire was on the table. At the moment, all the headlines are pointing towards peace.
Despite that, there are some more equity bids on this and oil is ticking lower. The Nasdaq is now up 1% in its 11th (!) day in a row of gains.
About an hour ago, Axios reported that the US and Iran made progress in talks on Tuesday, moving closer to a framework agreement to end the war.
