The Dow surges more than 1,100 points as Wall Street soars to its best day since last spring
The Dow Jones Industrial Average surged over 1,100 points, marking its best day since last spring, as Wall Street reacted to potential signals of a possible end to the war with Iran. The S&P 500 leaped 2.9%, its largest gain since May, as oil prices took a sharp turn lower following reports of a potential end to the conflict.
US stocks had their best day since last spring. The Dow Jones Industrial Average rallied 2.5% and the S&P 500 jumped 2.9%. The Nasdaq composite rose 3.8%. Oil prices fell sharply after reports suggested a possible end to the war with Iran. The price for a barrel of Brent crude oil fell 3.2% to $103.97. The rebound came as financial markets reacted to signals of hope about a possible end to the war.
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