Markets Rally on Middle East Ceasefire, but America’s Economic Risks Remain

Asian markets showed resilience Thursday, buoyed by a temporary truce between Israel and Hamas, offering a brief reprieve from months of conflict that has injected volatility into global energy supplies and geopolitics. Mainland China’s shares rebounded strongly for their first trading day in over a week, while Japan’s Nikkei gained on corporate moves into artificial intelligence (AI). Oil prices fell as hopes arose for calm in the volatile Middle East. Is This Temporary Calm Enough to Secure American Interests? While the pause in fighting in Gaza marks the most significant diplomatic breakthrough in years—and notably involves elements of plans originally...