00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Oil prices fell below $95 per barrel, and global stock markets rose on Wednesday after Trump
00:07announced a two-week ceasefire with Iran, according to PBS News. The S&P 500 gained 2.1%,
00:13the Dow rose 101 points, and the Nasdaq climbed 2.3%. U.S. crude dropped 16.4% to $94
00:20.41,
00:21and Brent fell 13.3% to 94.75 after earlier peaking above 119 during the conflict. Stock
00:27markets rose but remained below pre-war levels as attacks continued across the region and the
00:32Strait of Hormuz faced renewed disruption. Early gains faded as volatility returned and uncertainty
00:37around the war intensified. Trump has repeatedly set deadlines for Iran to reopen the strait and
00:42delayed enforcement. Analysts said the ceasefire may only be temporary as markets react to shifting
00:47geopolitical risks. For all things money, visit Benzinga.com.
Comments