Hope for End of War Sparks Global Relief Rally – S&P 500 and DAX Surge – Brent Oil Crashes – Fed Interest Path Remains Uncertain – Microsoft Invests in Singapore – Nike's Turnaround Story Under Scrutiny - Activist Entry at Snap – Luxury Furniture Retailer RH Disappoints Across the Board

USA & MACRO ENVIRONMENT The hope for a soon-to-be end to the Iran conflict is driving global markets into a notable relief rally: The S&P 500 rises by +3.82%, marking its strongest trading day since May. The Nasdaq 100 also gains +1.31%, driven by a broad rebound in technology and chip stocks. Crucial are a series of diplomatic signals: President Donald Trump states he expects an end to US attacks on Iran within two to three weeks and confirms via Truth Social that Tehran has requested a ceasefire—however, he ties this to the condition...