CNBC Daily Open: Markets cheer as Trump and Tehran agree to 2-week ceasefire

Global financial markets are experiencing positive momentum following diplomatic progress between the United States and Iran. President Trump's announcement of a two-week ceasefire agreement, coupled with Iran's commitment to reopen the critical Strait of Hormuz shipping route, has significantly reduced geopolitical tensions. These developments are expected to stabilize oil prices and restore confidence in international trade flows, benefiting multiple sectors including energy, shipping, and broader equity markets.