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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slide

As reported by Markets-Economic Times
Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears and sent oil prices plummeting. This relief rally boosted rate-sensitive tech stocks and energy-dependent sectors like airlines, while the Federal Reserve's upcoming policy update remains a key focus.
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Wall Street indexes surged, with the Dow hitting a record high, driven by a preliminary US-Iran agreement that eased inflation concerns and caused oil prices to plummet. This relief rally boosted rate-sensitive tech stocks and energy-dependent sectors like airlines. The Federal…

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