Wall Street Rises Amidst Middle East Ceasefire

Wall Street's major indexes saw an upswing on Tuesday morning following President Donald Trump's announcement of a ceasefire between Israel and Iran. This diplomatic breakthrough eased investor anxiety, which had been heightened by the 12-day conflict affecting global risk assets and spurring worries over inflation.

The Dow Jones Industrial Average experienced a rise of 225.3 points, equating to a 0.53% increase, opening at 42,807.13. Similarly, the S&P 500 saw a gain of 36.0 points, or 0.60%, starting the day at 6,061.21.

The Nasdaq Composite also demonstrated positive momentum, climbing by 178.6 points. This upward trend, representing a 0.91% increase, brought the index to 19,809.615. Collectively, these figures reflect a sense of relief among investors in the wake of international conflict resolution.

(With inputs from agencies.)