The Iran war has all but killed the bull case for stocks

US stocks are rallying once again on Tuesday after the Wall Street Journal reported that US President Donald Trump has been telling aides that he might exit the conflict without attempting to "reopen" the Strait of Hormuz to US allies. US stocks rallied on Tuesday after Wall Street Journal reported that Trump might exit without Hormuz deal.Wells Fargo… US stocks are rallying once again on Tuesday after the Wall Street Journal reported that US President Donald Trump has been telling aides that he might exit the conflict without attempting to "reopen" the Strait of Hormuz to US allies. US stocks rallied on Tuesday after Wall Street Journal reported that Trump might exit without Hormuz deal.Wells Fargo lowers year-end S&P 500 estimate from 7,800 to 7,300.Walmart Recession Signal at highest level since 2008 financial crisis.US stocks are rallying once again on Tuesday after the Wall Street Journal reported that US President Donald Trump has been telling aides that he might exit the conflict without attempting to "reopen" the Strait… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.