Stocks Rally as Diplomatic Efforts Emerge for US-Iran Ceasefire

Diplomatic efforts are underway to establish a one-month ceasefire mechanism between the US and Iran, according to Israeli Channel 12. Stocks rallied in after-hours trading, with ETFs such as Invesco QQQ Trust, SPDR S&P 500 ETF Trust, and State Street SPDR Dow Jones Industrial Average ETF Trust gaining 0.8%, 0.7%, and 0.6%, respectively. The proposed 15-point plan includes provisions for granting the International Atomic Energy Agency full access to all information and the handover of enriched uranium.