Global markets rallied significantly after President Donald Trump and Iran agreed to a two-week ceasefire brokered by Pakistan to reopen the Strait of Hormuz.Mohammad Bagher Ghalibaf accused the US of violating the truce through Israeli strikes in Lebanon and drone incursions while JD Vance labeled the agreement fragile.The
Federal Reserve indicated openness to rate adjustments as oil prices fluctuated and travel stocks led a broad recovery during the temporary cessation of hostilities.