Markets respond favorably to Trump's ceasefire announcement, relieving some economic pressure

With the whole world holding its breath amid the ongoing conflict in the Middle East over the past several weeks, President Trump's ceasefire with Iran has restored some confidence to the markets — though some uncertainty remains.Oil prices dropped and stocks surged after Trump's announcement on Tuesday evening that a ceasefire had been reached with Iran. Oil prices also plummeted as the Strait of Hormuz has been projected to be opened.The Dow Jones Industrial Average rose over 1,300 points sinc...