Financial markets welcome Iran cease-fire but caution remains

NPR | By Scott Horsley

Published April 8, 2026 at 5:03 PM EDT

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.

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.

See stories by Scott Horsley

Support nonprofit, fact-based public service journalism

WEKU depends on support from those who view and listen to our content. There's no paywall here. Please support WEKU with your donation.

Contribute now

Related Content

NPR News

Bill Gates will testify in the Epstein probe; Pam Bondi testimony postponed

Ava Berger

Bill Gates will appear before the House Oversight Committee in June. The Department of Justice said Wednesday that former Attorney General Pam Bondi will not testify for now.
A Colorado community is working to keep mobile home pricing affordable

Natalie Skowlund

Mobile home parks are an important source of lower-cost housing. In Durango, Colo., one community fights to keep theirs affordable.
In tight quarters, Artemis II astronauts stay fit with the flywheel

Katia Riddle

The human body isn't meant to exist without gravity. The astronauts aboard Artemis II are combatting potential physiological damage using an elegantly engineered exercise machine called the flywheel.
Birthplace of civil rights and confederacy cradle: Montgomery is packed with history

Debbie Elliott

Montgomery, Ala., helped shape America — from the cradle of the Confederacy to the birthplace of the civil rights movement to the city's draw today as the place to reflect on the legacy of slavery.
Indonesia's capital of the future faces doubts in the present

Katerina Barton, Niken Sitoningrum

Indonesia is racing to build a new capital, promising a greener, futuristic city. But many citizens aren't convinced it will ever live up to the vision.