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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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Wall Street and Global Markets Take a Dip After Holiday Weekend

 

Wall Street and global markets started the week on a bearish note, with the S&P 500 and Dow Jones Industrial Average futures down 0.3% and 0.2%, respectively, before the bell. The Hong Kong benchmark index fell more than 2%, and investors were left without cues from overnight trading due to the holiday weekend.

Investors have been betting on the Federal Reserve cutting its main interest rate six or more times through 2024, a much more aggressive track than the Fed itself has hinted at. However, after a roaring start to the year, investors are growing a bit more cautious about how soon the Fed will begin cutting interest rates, how quickly, and by how much.

The first quarter of this year may be marked by the realization that it’s too early for the central banks to cut the interest rates unless something really bad hits the fan.

Microsoft rose about 0.7%, to $391.25 per share, before the bell Tuesday, vaulting past Apple to become the world’s most valuable publicly-traded company with a market capitalization of $2.89 trillion.


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