Latest / MPC Markets Morning Call
Stocks Dip on Cancelled Peace Talks Bounce on “Extended Ceasefire”
The S&P 500 fell 0.6% to 7,064.05, extending its retreat from record highs as VP Vance called off his trip to Pakistan and Iran refused to attend further negotiations. Oil surged above $100 intraday before Trump’s after-hours ceasefire extension knocked Brent back below $100 — WTI settled at $92.13 (+2.8%) and Brent near $95. The 10-year Treasury yield rose 6 basis points to 4.31% as Warsh’s hawkish testimony — calling for a new inflation framework and “regime change” in policy conduct — crushed rate-cut expectations to just a 30% chance before January. Apple shed 2.5% on news Tim Cook will…
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