John Authers, Columnist

If Only the Profanity Meant an End Was in Sight

Markets have a lot to weigh up, but optimism took a bruising over Easter weekend. 

Just watch.

Photographer: Alex Brandon/AP

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Last week, the global stock market reacted to some noises out of Iran suggesting that a negotiated settlement could happen as though it marked a major inflection point in the war. After the best rally in months on Tuesday, those gains stayed intact into the quiet Easter weekend period: