European Stocks Rise Following U.S.-Iran Ceasefire Agreement
European stock markets have surged in response to the U.S.-Iran ceasefire agreement, which was announced by President Trump. The deal, which is contingent upon Iran unblocking the Strait of Hormuz, has led to early gains in sectors such as construction, materials, and financial services. Conversely, oil and gas stocks have seen a decline due to the anticipated stabilization of energy prices. The agreement marks a significant step back from escalating tensions, providing temporary relief to global markets and easing concerns over potential disruptions in oil supply. 
