US Edition
The Dow surges more than 1,100 points
The rally followed signs of progress toward ending the Iran conflict, easing fears of oil disruptions and sending Brent crude down 3.2%, analysts said.
- The Dow Jones Industrial Average surged 1,125 points on Tuesday as investors reacted to potential signals that the war with Iran might end.
- Iran President Masoud Pezeshkian stated the nation has "the necessary will to end the war," while President Donald Trump reportedly told aides he is willing to end the U.S. military campaign.
- Brent crude oil eased 3.2% to $103.97 per barrel following the signals of hope, helping fuel-reliant stocks recover from earlier losses.
- The Nasdaq composite jumped 3.8%, marking the best Wall Street day since last spring after weeks of frenetic market swings.
- Oil prices could quickly spike if tankers cannot easily navigate the Strait of Hormuz, maintaining inflationary pressure on the United States economy.
11 Articles
11 Articles
The New York Stock Exchange was on the rise on Wednesday, driven by the hope of a calming in the Middle East after Donald Trump spoke of a possible end to the conflict in "two or three weeks".
Stocks surge, Dow up 1,125 points on reports of potential end to U.S./Israel war with Iran
The Dow Jones Industrial Average closed up more than 1,125 points and the Nasdaq gained more than 3.8% Tuesday after reports on potential movement to end the U.S./Israel war with Iran and its impacts on oil prices.
Dow Surges More Than 1,100 Points as Wall Street Soars to Best Day Since Last Spring
NEW YORK (AP) -- U.S. stocks surged to their best day since last spring, and the Dow Jones Industrial Average soared 1,125 points on Tuesday as doubt swung back to hope on Wall Street about a possible end to the war with Iran.
The best session since last May for the US market, although the March and quarterly results remained negative - The prospect of ending the war that was holding back oil prices and inflationary fears is crucial
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