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Financial markets welcome Iran cease-fire but caution remains

NPR | By Scott Horsley

Published April 8, 2026 at 4:03 PM CDT

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Stocks rallied Wednesday on news of a two-week cease fire in the U.S. war with Iran. It could take some time, though, before drivers feel relief at the gas pump.

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Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.