Stock Futures Soar After U.S., Iran Walk Back From the Brink

Oil prices plunged, stock futures surged and government bond yields sank after President Trump said he had agreed to a cease-fire with Iran if the Strait of Hormuz reopened immediately.
The pause in hostilities sparked relief among investors who feared the war was about to spiral into a dangerous new phase that could inflict even graver damage to the global economy. The immediate question for the financial world now is whether tankers trapped in the Persian Gulf can start to sail out and deliver much-needed supplies to increasing