In the wake of the ceasefire announcement, the US President stated on the Truth Social network that "the U.S. military will remain deployed near Iran until a real agreement with Tehran is fully implemented." Meanwhile, a spokesperson for the Iranian Parliament claimed as early as Wednesday evening that the truce was already being violated, citing several Israeli strikes in Lebanon.

This uncertainty is weighing directly on commodities, particularly oil. WTI is up more than 5%, climbing back above the 100 dollar mark, while Brent is trading slightly above 99 dollars per barrel, an increase of 2.65%.

A cautious Fed in the face of tensions

Against this backdrop of international tension, the Federal Reserve is maintaining a cautious stance. It continues to consider monetary easing while remaining vigilant regarding the risks of an inflationary resurgence.

On the macroeconomic front, data remains mixed. In the fourth quarter of 2025, U.S. Gross Domestic Product grew by 0.5% according to final figures, falling short of analyst expectations of 0.7%. This slowdown follows a sharp 4.4% increase in the previous quarter. Furthermore, in February, the PCE price index rose by 0.4% month-on-month, in line with expectations and identical to the January figure. On an annual basis, it stands at 2.8%, also consistent with the consensus.

Mixed performance among individual stocks

Regarding individual equities, Meta is up 3%, extending the positive momentum sparked yesterday by the presentation of its new Muse Spark model. The group also announced a multi-year agreement with CoreWeave and Nvidia, valued at 21 billion dollars, to bolster its data center capabilities.

Constellation Brands is a standout performer, rising 6.5% after reporting quarterly results that were less severe than anticipated, overshadowing an outlook deemed disappointing by the market.