US Brokers Ceasefire, Fed Signals Fewer Cuts, Schwab Enters Crypto

Market News
1. The United States has brokered a 10-day ceasefire agreement between Israel and Lebanon set to begin at 5 p.m. EST, amid rising US military and economic pressure on Iran.
2. Fed Governor Miran signaled there might only be three interest rate cuts remaining for the rest of the year, a more hawkish stance than markets anticipated.
3. Charles Schwab announced it will launch direct spot trading for Bitcoin and Ethereum for its retail clients, marking a significant crypto adoption move by a major institution.