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The cease-fire agreement between the U.S. and Iran triggered a relief rally in shares of travel and retail giants Wednesday, on hopes that a break from surging fuel prices would help businesses manage costs and calm anxious consumers.
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Iran War Live Updates: U.S.-Iran Cease-Fire Shaky as Israel Strikes Lebanon and Confusion Grows Over Strait The New York TimesWhat Is In Iran's 10-Point Proposal, and How Does It Compare to U.S. Demands? The New York TimesNegotiators face huge task to close gaps in rival Iran peace proposals BBCHow Trump went from threatening Iran's annihilation to agreeing to a 2-week ceasefire with Tehran AP NewsLive updates: Fragile ceasefire in the balance as Iran says it is halting Strait of Hormuz traffic
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Halt in strikes mostly holds after Trump, Iran agree to 2-week ceasefire washingtonpost.comIran War Live Updates: U.S.-Iran Cease-Fire Shaky as Israel Strikes Lebanon and Confusion Grows Over Strait The New York TimesWhat does the Iran ceasefire deal mean? It depends on which side you talk to AP NewsIran reveals 10-point plan for peace with the US - here's what's in it Fox News
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"We have to get a better sense of whether this conflict is over or just paused," one analyst said.
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Delta had better-than-expected earnings reported after the Iran cease-fire was announced.
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Falling interest rates and oil prices, which could put more money into the pockets of potential home buyers, provide some hope for a turnaround.
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The Iran cease-fire may be the ‘green light' the Fed needs.
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