Price Return Last Week S&P 500 0.7% S&P Mid Cap (0.1%) Russell 2000 1.2% MSCI EAFE 0.7% MSCI EM 4.1% 10 Yr US Treasury Rate – fell from 4.49% to 4.45% Source: Refinitiv Eikon Recent News U.S.-Iran Deal Update – Details on the memorandum of understanding between the U.S. and Iran were released on Wednesday. Both pledged to end all military operations and Iran would open the Strait of Hormuz. Iran commits to not charging any fees to transit the Strait of Hormuz for
