Markets surge as Iran backs off, Trump claims victory
Nasdaq 100 up +1.5% on news that Iran is halting military operations against Israel. Trump's already pushing a "final deal" narrative.
This is the pattern: markets rally on war news that sounds good on the surface, Trump takes credit for de-escalation he had nothing to do with, and everyone ignores that the underlying tensions haven't actually been resolved. Just paused. The fundamental conflict stays in place, just waiting for the next trigger. Markets don't care about that part.
Source
x.com