business / news / / The Irish Times
Investors rushed to buy following the announcement of a two-week ceasefire between the US, Israel.
A two-week ceasefire between the US, Israel, and Iran triggered a global market rally.
KEY POINTS
- Oil prices fell the most in almost six years following the ceasefire announcement.
- European stocks posted their biggest single-day gain in over four years.
- British telecoms firm Gamma Communications surged 16% after confirming preliminary sale talks.
- Delta Air Lines expects over $2 billion in higher fuel costs through June despite strong earnings.
COMPANIES
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