Markets close up as tenuous Iran ceasefire holds
Several disruptions have occurred, however, with the Iranians and Trump administration hotly disputing whether the deal included a ceasefire in Lebanon.
The stock market's major indices all closed up on Wednesday as a fragile ceasefire to end the Iran war appears poised to weather several disruptions.
The Dow Jones Industrial Average surged 1,325.46 points, or 2.85%. The Nasdaq Composite, meanwhile, rose 617.14, or 2.80%, and the S&P 500 rose 165.96, or 2.51%.
Wednesday marked the first full day of the Iran ceasefire, which is slated to last for two weeks. Several disruptions have occurred, however, with the Iranians and Trump administration hotly disputing whether the deal included a ceasefire in Lebanon.
At present, Israel and Hezbollah are engaged in fierce fighting in the region, despite the ceasefire elsewhere. Iran has insisted Lebanon was included in the deal and threatened to resume conflict if the U.S. did not put a stop to the fighting.
Thus far, however, planned talks for Saturday remained on pace to occur.
Ben Whedon is the Chief Political Correspondent at Just the News. Follow him on X.