WS #4777

The data dump indicates a potential de-escalation in the Middle East conflict, with reports that Hezbollah has signaled a willingness to halt rocket attacks on Israel if a ceasefire is reached in Gaza, as per Al Jazeera. This development could reduce immediate risks to oil supply disruptions from the region, countering the previous escalation narrative. However, Israeli airstrikes continue in southern Lebanon, maintaining some geopolitical tension. In corporate news, Intel receives a bullish price target upgrade from Melius Research, raising to $75 from $58, which may boost sentiment for the chipmaker and related tech sectors. No other significant new market-moving events are evident in this window.