An indefinite ceasefire has apparently been agreed to by Israel, Hamas and Islamic Jihad. Under the terms of the reported agreement, Israel and Egypt will agree to open the closed border crossings and Israel will agree to expand the permitted fishing zone off the Gaza coast and to allow rebuilding of Gaza.
Other issues will be the subject of talks in about a month.
I've not found further details on the agreement and note that some of the terms may be subject to differing interpretations, which eventually could lead to a resumption of the conflict. The Guardian has as much detail as I've found:
Gaza ceasefire: Israel and Palestinians agree to halt weeks of fighting
Broadly, this appears to return the situation to about what it was after the last bout of conflict involving Gaza.