business / news / / The Atlanta Journal-Constitution
The S&P 500 leaped 2.6% after Trump announced a two-week ceasefire with Iran.
President Trump announced a two-week ceasefire with Iran, averting immediate military escalation.
KEY POINTS
- Oil prices dropped sharply to around $95 per barrel following the ceasefire announcement.
- The S&P 500 surged 2.6% and the Dow Jones rose 1,254 points after the news.
- Global stock markets, including Europe and Asia, experienced significant gains in response.
COMPANIES
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