Ceasefire in Iran boosts Wall Street and DAX – Strait of Hormuz poised for opening under strict conditions – Oil and gas prices plummet – Robinhood shines with stock buybacks over $1.5 billion and new Trump accounts – Nutanix benefits from AI transformation and raises growth targets significantly – Bitcoin climbs to nearly $72,000 in a risk-seeking market environment

A ten-point peace plan from Tehran and the prospect of an open Strait of Hormuz boost US indices The announcement of a two-week ceasefire between the US and Iran as well as the prospect of a soon-to-be-opened strategically important Strait of Hormuz bring great optimism to Wall Street. The major indices start trading with significant gains across the board. The Dow Jones rises by 2.26% to 47,637 points, while the S&P 500 stands at 6,758 points and the tech-heavy Nasdaq even jumps by 2.56% to 22,585 points. The driver of this relief...