{"id":63431,"date":"2026-06-19T09:08:13","date_gmt":"2026-06-19T13:08:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/israel-and-hezbollah-reach-ceasefire-amid-regional-peace-push\/63431\/"},"modified":"2026-06-19T09:08:13","modified_gmt":"2026-06-19T13:08:13","slug":"israel-and-hezbollah-reach-ceasefire-amid-regional-peace-push","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/israel-and-hezbollah-reach-ceasefire-amid-regional-peace-push\/63431\/","title":{"rendered":"Israel and Hezbollah Reach Ceasefire Amid Regional Peace Push"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Israel and Hezbollah have agreed to a renewed ceasefire<\/strong> starting at 16:00 local time on Friday, June 19, following mediation by the <strong>U.S. and Qatar<\/strong>.<\/li>\n<li><strong>President Donald Trump<\/strong> declared that Iran&#39;s military capabilities, including its air force and navy, have been effectively &quot;diminished&quot; by recent conflict.<\/li>\n<li><strong>Canada\u2019s retail sales rose 0.5% in April<\/strong>, slightly missing estimates of 0.6%, while an advance estimate suggests a stronger <strong>1.0% jump in May<\/strong>.<\/li>\n<li><strong>The U.S. Senate<\/strong> is scheduled to vote by Thursday on an <strong>Iran war powers resolution<\/strong> previously approved by the House, aiming to limit executive military authority.<\/li>\n<\/ul>\n<h2>Middle East Tensions Ease with New Truce<\/h2>\n<p>A senior American official confirmed on Friday that <strong>Israel<\/strong> and <strong>Hezbollah<\/strong> have reached a ceasefire agreement scheduled to take effect at 4:00 PM local time. The deal was brokered through intensive mediation by the <strong>United States<\/strong> and <strong>Qatar<\/strong>, involving direct discussions with both <strong>Israel<\/strong> and <strong>Iran<\/strong>. This development follows a period of intense cross-border exchanges that threatened to derail a broader regional memorandum of understanding signed earlier this week.<\/p>\n<p><strong>Iran\u2019s Foreign Ministry<\/strong> spokesperson, Esmaeil Baghaei, condemned recent Israeli actions in Lebanon but noted that a halt to hostilities is an &quot;integral part&quot; of the broader agreement to end the war on all fronts. Despite the truce, Tehran warned that the <strong>U.S.<\/strong> bears responsibility for Israeli military actions and stated it would take &quot;all necessary measures&quot; to protect its regional allies.<\/p>\n<h2>Trump Claims Victory Over Iranian Military<\/h2>\n<p>In a series of statements on Truth Social, <strong>President Donald Trump<\/strong> asserted that the recent war has left <strong>Iran<\/strong> with virtually no remaining conventional military power. Trump claimed that the country no longer possesses a functional <strong>Air Force, Navy, or advanced radar equipment<\/strong>, dismissing critics who argue that Iran&#39;s position has improved. &quot;They are finished! We\u2019ll play out the 60 days,&quot; Trump wrote, referring to the negotiation window established by the recent memorandum of understanding.<\/p>\n<p>The President further emphasized that <strong>Iran<\/strong> entered negotiations out of desperation rather than a desire for peace, reiterating that the U.S. will not release any frozen funds during the current 60-day talks. Meanwhile, a new book by Maggie Haberman and Jonathan Swan reportedly reveals internal friction within the administration, including a private clash between Trump and <strong>Commerce Secretary Howard Lutnick<\/strong> over the President&#39;s aggressive tariff policies.<\/p>\n<h2>Economic Data and Legislative Outlook<\/h2>\n<p>On the economic front, <strong>Statistics Canada<\/strong> reported that retail trade increased <strong>0.5% to $73.0 billion in April<\/strong>, primarily driven by higher sales at gasoline stations. While the April figure was a &quot;tick softer&quot; than the preliminary 0.6% estimate, the agency&#39;s advance indicator for May points to a more robust <strong>1.0% increase<\/strong>. These figures suggest resilient consumer spending despite the ongoing global energy volatility caused by the Middle East conflict.<\/p>\n<p>In Washington, legislative focus shifts to the <strong>Senate<\/strong>, where a vote on the <strong>Iran war powers resolution<\/strong> is expected by next Thursday. The resolution, which passed the House 215-208 earlier this month, seeks to curb the President&#39;s ability to conduct further military operations against Iran without explicit congressional approval. This vote comes as lawmakers remain skeptical of the secret terms within the emerging <strong>U.S.-Iran<\/strong> peace deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Israel and Hezbollah have agreed to a renewed ceasefire starting at 16:00 local time on Friday, June 19, 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