Monday's declines put the brakes on another rapid recovery in global stock indices akin to last year's 'liberation day' bounce.

The big stock rally Friday had as much to do with bond yields going down as it did with oil plunging. The Mag 7 are also back.

Oil prices jumped and global equities pulled back as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the…

Monday's declines put the brakes on another rapid recovery in global stock indices akin to last year's 'liberation day' bounce.

Global stocks have clawed back losses triggered by the Iran conflict, with major indexes now trading at or above pre-war levels.