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Wall Street index futures soared over 2% on Wednesday as news of a two-week ceasefire between the US and Iran emerged.
US and Iran have agreed to a two-week ceasefire, announced just before Trump's deadline.
KEY POINTS
- 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.
COMPANIES
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