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President Donald Trump has announced a two-week extension of the ceasefire regarding planned military strikes against Iranian targets. The news triggered a significant surge in U.S. stock futures, with S&P 500 and Dow Jones contracts jumping on the reduced geopolitical tension. By extending the previous pause, the administration has provided a longer window for potential diplomatic resolutions, easing investor fears of energy supply disruptions. Market participants are closely monitoring shares of SoFi Technologies, Uber, and Levi Strauss as the regular trading session begins. The move has effectively lowered the geopolitical risk premium that had been weighing on global equity markets in recent days. Analysts suggest that this development improves overall market sentiment, encouraging a shift back toward risk-on assets.
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