Ceasefire Hopes Boost US Stocks by $550 Billion as Oil Prices Drop

US stocks surged approximately $550 billion on Monday amid renewed ceasefire hopes between the US and Iran, while oil prices retreated due to reduced supply risk concerns. The S&P 500 rose 0.63% and the Nasdaq climbed 1.02%, with tech stocks leading gains.

By Lockridge Okoth Mon, July 20, 2026 at 5:37 PM GMT+3 3 min read · Yahoo Finance · July 20, 2026, 14:37 UTC

Ceasefire Hopes Boost US Stocks by $550 Billion as Oil Prices Drop

Tickers: $SPGI

Topics: ceasefire_hopes oil_prices stocks US-Iran_relations

Read the full article at Yahoo Finance

More World news

Standard Nuclear Reports $577.2 Million Contract Backlog and Targets 2027 DOE Authorization Seeking Alpha · November 12, 2026, 18:10 UTC
Nuwellis Reports Q3 2026 Revenue of $2.2 Million and Improved Operating Loss Motley Fool · November 12, 2026, 18:09 UTC
Nebius Group Reports Strong Revenue Growth Amidst Capacity Delays and Increased Capital Expenditure Motley Fool · November 12, 2026, 18:11 UTC
Pelagos Insurance Reports Q3 2026 Earnings with Increased Gross Premiums Written Motley Fool · November 12, 2026, 18:11 UTC
Sprott Physical Gold Trust USD Reports Q3 Net Income of $508.82 Million Seeking Alpha · November 12, 2026, 18:07 UTC
NYSE Gains $500 Billion in Market Capitalization via Nine Major Listing Transfers PR Newswire · November 12, 2026, 18:05 UTC
PenFed Foundation Grants $25,000 to Northern Virginia Vietnam Veterans Foundation PR Newswire · November 12, 2026, 18:06 UTC
Allstate Announces Quarterly Dividend of $1.08 Per Share Seeking Alpha · November 12, 2026, 18:01 UTC
Pinnacle Bankshares Increases Quarterly Dividend to $0.35 Per Share Seeking Alpha · November 12, 2026, 18:02 UTC
Avidbank Reports Third Quarter 2026 Earnings Growth Driven by Core Deposits and C&I Lending Motley Fool · November 12, 2026, 18:00 UTC