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Dow rips 1,200 points higher, US stocks rise on US-Iran ceasefire

US stock futures (ES=F, NQ=F, YM=F) are soaring — led by the Dow Jones Industrial Average futures, surging by over 1,200 points — after President Trump announced that Iran has agreed to a two-week ceasefire with the US and Israel.

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Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland examine how markets are reacting to this news.

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