Market rally: US-Iran ceasefire is a 'pause with conditions'
All three of the major indexes (^DJI, ^IXIC, ^GSPC) saw monumental gains on Wednesday following President Trump's announcement that the US, Iran, and Israel agreed to a two-week ceasefire last night.
The Dow Jones Industrial Average skyrocketed by over 1,320 points (2.85%) while the Nasdaq Composite catapulted ahead by nearly 620 points (2.8%).
Pivotal Advisors CEO and CIO Tiffany McGee examines how Trump's deal to reopen the Strait of Hormuz is not a "full resolution," despite the overwhelmingly positive market reaction.