Dow Jones and S&P indices up as NYSE trading opens amid US-Iran ceasefire
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The Dow Jones and S&P indices have risen following the announcement of a two-week ceasefire between the US and Iran. The ceasefire, proposed by Pakistani Prime Minister Shehbaz Sharif, aims to resolve disputes between the two countries.
Trading on the New York Stock Exchange opened with gains in several indices. The Dow Jones Industrial Average rose 0.85% to 46,978.17 points, while the S&P 500 index rose 2.08% to 6,754.36 points. The Nasdaq Index rose 3.48% to 25,045.36 points. The US and Iran have agreed to a two-week mutual ceasefire. The ceasefire was proposed by Pakistani Prime Minister Shehbaz Sharif and is subject to Iran's agreement to open the Strait of Hormuz. Talks between Iranian and US delegations are set to take place in Islamabad on April 10.
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