US Stocks Surge 2.6% After Trump-Iran Ceasefire

US equity indices jumped 2–2.7% on Wednesday after President Trump announced a two‑week cease‑fire with Iran.
Oil prices fell over 12%, Brent to $95.18/barrel and WTI to $94.94/barrel, easing energy‑inflation concerns.
Travel stocks rallied, Carnival up 10.6% and United Airlines up 9.1%, while energy stocks APA and LYB dropped ~10%.
US negotiating team led by Vice President JD Vance, Steve Witkoff and Jared Kushner will travel to Pakistan for talks.