# Wall Street index futures soared over 2% on Wednesday as news of a two-week ceasefire between the US and Iran emerged.

*business · news · 2026-04-08 · Devdiscourse*

## Key points

- US and Iran have agreed to a two-week ceasefire, announced just before Trump's deadline.
- Wall Street index futures jumped over 2% following the ceasefire news.
- Crude oil prices fell sharply to $94.23 a barrel on expectations of resumed supply.
- Analysts warn the market rally may not last without concrete negotiation outcomes.

**Countries:** United States, Iran

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3866512-wall-street-surge-market-optimism-amid-us-iran-ceasefire)

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