Daily Summary
Main Events Tenuous US-Iran ceasefire monitored amid breach allegations Strait of Hormuz effectively closed disrupting supply routes Israel preparing direct negotiations with Lebanon Meta and CoreWeave expand AI cloud partnership Tesla developing smaller, cheaper EV SUV Amazon cloud AI revenue run rate accelerates Walt Disney announces marketing job cuts Trading Environment Broad market rally reclaims key technical levels Volatile oil prices react to shifting geopolitical news Gold advances steadily on safe-haven demand US Dollar softens against major currencies Treasury yields fluctuate on negotiation developments Market breadth improves notably after steep prior correction Sector Analysis Materials and Industrials surge with strong momentum Utilities remain steady despite minor intra-period dips Financials stage sharp breakout following consolidation Technology executes powerful recovery after aggressive sell-off Energy rallies early but faces late-stage corr...