Reported about 7 hours ago
U.S. President Donald Trump announced a 'complete and total' ceasefire between Israel and Iran, aiming to resolve their recent conflict. Following the announcement, U.S. crude oil prices dropped, while futures for the S&P 500 increased. Analysts expressed cautious optimism, although uncertainties remain, particularly regarding Iran's nuclear capabilities and the overall stability in the region. The market response suggests a potential decrease in geopolitical risk, which could positively influence financial markets moving forward.
Source: YAHOO