business / news / / The Atlanta Journal-Constitution
The S&P 500 leaped 2.6% after Trump, Iran and Israel agreed to a two-week ceasefire.
President Trump, Iran, and Israel agreed to a two-week ceasefire just before a set deadline.
KEY POINTS
- The S&P 500 surged 2.6% following the ceasefire announcement, with global markets also rising.
- Oil prices dropped sharply toward $90 per barrel after the ceasefire agreement was reached.
- Uncertainty remains about the durability of the ceasefire and normalization of oil shipping.
COMPANIES
Summarized by Newsio from The Atlanta Journal-Constitution. How we summarize →