US equity markets posted strong gains in the aftermath of the ceasefire announcement. The gains would have been larger if not for lingering uncertainty around the sustainability of a ceasefire given ongoing fighting in Lebanon and unanswered questions about Hormuz tolls and uranium enrichment.For now, the mood is very positive:S&P 500 +2.5%Nasdaq Comp +2.8%Russell 2000 +2.8%Toronto TSX Comp +1.1%Dow Jones Industrial Average +2.8%The top performers were travel names, memory chip names, consumer discretionary and housing related stocks (on lower mortgage rates):Carnival Cruise Lines +10.4%United Airlines +8.4%WDC +8.4%Micron +7.4%Sherwin Williams +6.9%Ralph Lauren +7.1%LEVI +10.4% (after earnings)It was a long list of strong gainers while the losers were in energy, fertilizers and chemicals including:CF Industries -6.4%Dow Inc -5.7%Occidental -5.4%Exxon -5.4% This article was written by Adam Button at investinglive.com.