GEOPOLITICS | US, Iran Trade Strikes; SK Hynix US Offering Sees Strong Investor Demand

Stocks rebounded from a brief geopolitical risk-off spell and an oil rally cooled after the US and Iran traded airstrikes, according to Bloomberg. SK Hynix’s US listing was more than seven times oversubscribed, people familiar with the matter said. Anna Rosenberg of Amundi Investment Institute discussed the fragile ceasefire between the US and Iran, and Andrew Graham of Jackson Square Capital commented on the rebound in equities.