Stocks’ Relief Rally Stalls as Crude Oil Rebounds: Markets Wrap

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000First responders stand amid rubble at the site of an Israeli airstrike in the Corniche al-Mazraa neighborhood of Beirut, Lebanon, on April 8.Stocks declined and oil rose as optimism over the US-Iran ceasefire faded after Tehran said several terms of the agreement had been breached, highlighting lingering uncertainty in markets.Asian shares fell 0.9% after Iranian Parliament Speaker Mohammad Bagher Ghalibaf said three clausesBloomberg Terminal of the ceasefire proposal have been contravened so far. Stock futures for Wall Street and European benchmarks dropped 0.2%, indicating a four-day run of gains for global stocks is primed to end.
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