US jets hit Iranian targets again, but markets are shrugging it off and betting a peace deal is still coming — neutral to mildly positive for stocks, bad for the chances of a quick ceasefire.

• US jets struck Iranian missile launchers and boats allegedly laying naval mines near the Strait of Hormuz, though Centcom calls the hits defensive and says they are done for now.
• Stock futures stayed green and bond yields eased, with traders treating the strikes as noise and hoping for a deal Tuesday.
• Israel is ramping up strikes on Hezbollah and ordered evacuations in 10 southern Lebanon cities, which directly contradicts Trump's peace terms with Iran.
• A deal is stuck because Iran wants its seized money back, but Trump cannot return it without looking like Obama, who he has long attacked for doing the same.
• Japan is complaining about missing Tomahawk deliveries because of the Iran war, raising worries that China could see an opening on Taiwan.

Outlook: A ceasefire is still possible within days but not imminent, and more Iranian retaliation or oil infrastructure strikes could quickly flip the mood.