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Markets soar as Israel and Iran announce ceasefire, despite Fed's no-rate-cut stance.
Global markets rose and oil prices fell after a ceasefire was announced between Israel and Iran, easing investor concerns about a broader conflict.
Despite Federal Reserve Chair Jerome Powell indicating that there will be no near-term interest rate cuts due to fears of inflation, stocks climbed, with the Dow gaining 374 points.
However, uncertainty remains over the ceasefire's sustainability and potential Iranian cyberattacks.
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Los mercados se disparan a medida que Israel e Irán anuncian un alto el fuego, a pesar de la postura de la Fed de no recortar las tasas.