Stocks Rise Sharply as U.S.-Iran Peace Deal Sparks Optimism
The S&P 500, Dow Jones Industrial Average, and Nasdaq 100 all closed sharply higher on Monday after the United States and Iran announced a peace deal. The agreement led to optimism about reopened trade routes in the Strait of Hormuz but also raised concerns over unresolved nuclear negotiations.
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Topics: Dow Jones Nasdaq oil prices S&P 500 stock market US-Iran peace deal