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Sign InThe geopolitical standoff between the US and Iran has gained positive momentum with new details emerging on a proposed two-week ceasefire extension. According to Axios, high-level talks held in Pakistan on Tuesday have moved both nations significantly closer to a formal framework agreement. This progress aligns with President Donald Trump's recent optimism regarding a peace deal and the permanent opening of the Strait of Hormuz. Financial markets reacted bullishly to the de-escalation signs, with the Nasdaq recording its 11th consecutive day of gains. However, the Pentagon's continued troop deployments and ongoing threats to Red Sea shipping maintain a layer of underlying risk. Investors are now focusing on the specific two-week window to gauge the viability of a long-term diplomatic resolution.