Global Markets Rally as US-Iran Agree to Two-Week Ceasefire
The markets are breathing a huge sigh of relief today after the US, Iran, and Israel agreed to a two-week ceasefire. With hopes growing that the Strait of Hormuz will reopen, oil has plummeted under the $100 mark, and stock futures are pointing toward a strong rally. Despite the high-stakes pressure from the White House, Tuesday saw steady gains, marking the fourth straight day of momentum for the S&P 500 and Nasdaq.
15 min read/15 sources