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President Donald Trump's Iran ceasefire announcement provided some relief to Wall Street and tech stocks shared in the rally.
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Pakistan Prime Minister Shehbaz Sharif had asked Trump for a two-week delay of his Iran deadline, and for the Strait of Hormuz to open for the same period.
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Stocks roared higher after President Trump announced a two-week ceasefire with Iran. Oil prices fell sharply and gas prices are expected to follow.
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President Donald Trump agreed to the ceasefire with Iran after discussions with Pakistan Prime Minister Shehbaz Sharif.
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With Washington and Tehran each claiming victory, the agreement raised the prospect of some respite after nearly six weeks of bombing.
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The U.S. reached a last-minute ceasefire with Iran just before Trump's deadline for the country to meet his demands. And, Trump-backed Clay Fuller wins the U.S. House race in Georgia.
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The U.S. vice president said the response from Iran to the ceasefire had varied, with some 'lying about even the fragile truce that we've already struck.'
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Oil prices plunged and U.S. stock futures soared after President Donald Trump announced "a double sided ceasefire" in the war with Iran.
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The Democratic lawmakers on Capitol Hill backed steps like impeachment and removing the president via the 25th Amendment, even after Trump's ceasefire announcement.
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President Trump has announced a two-week ceasefire with Iran, contingent on their opening of the Strait of Hormuz. In an earlier online post, he had threatened "a whole civilization will die tonight."
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