Markets cheer signs of a possible U.S.-Iran deal
- President Trump announced 'great progress' toward a deal to end the U.S. war with Iran, leading to a nearly 9% drop in oil prices and a surge in Wall Street stocks, including a 600-point rise in the Dow Jones Industrial Average.
- Trump paused Project Freedom at Pakistan's request, with Pakistani Prime Minister Shehbaz Sharif expressing hope for lasting peace and stability for the region.
- The U.S. blockade on Iranian ports remains in place to prevent Tehran from obtaining nuclear weapons, contributing to economic pressure on Iran.
11 Articles
11 Articles
On Wall Street, the world's equity indexes closed the day with solid profits, which were backed by the expectation that Iran and the United States would succeed in reaching an agreement that would stop the war in the Middle East.In Wall Street, increases kept Nasdaq and S&P 500 in historical peaks, as they presented returns of 2.02 and 1.46 percent more, after standing at 25.838.94 and 7,000 365.12 units, respectively, while the advance for the …
New York stock market surges on expectations of US-Iran peace; S&P and Nasdaq hit new all-time highs. The New York stock market rose across the board as expectations grew for a peace agreement between the United States and Iran. International oil prices fell sharply for the second consecutive day. On the 6th (local time), at the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average...
Expectations for a US-Iran deal and the de-escalation of oil prices have reignited investor buying interest - New decline in bond yields - Technology, microchip and AI stocks are the leading players
The Dow Jones index closed up 1.24% at 49,910.59 points, the S&P 500 gained 1.46% to 7,365.04 points, and the Nasdaq jumped 2.02% to 25,838.94 points.
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