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 1,125 points on Tuesday, its best day since last spring, as hopes for a possible end to the war with Iran lifted Wall Street. The S&P 500 leaped 2.9% and the Nasdaq composite jumped 3.8% 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 leaped 2.9%. The Nasdaq composite jumped 3.8%. Oil prices fell sharply after reports of a potential end to the war with Iran. The price for a barrel of Brent crude oil eased 3.2% to settle at $103.97. Benchmark US crude fell 1.5% to settle at $101.38. Tech stocks led the market rally, with Marvell Technology and Nvidia making significant gains. The S&P 500 jumped 184.80 points to 6,528.52, and the Dow Jones Industrial Average climbed 1,125.37 to 46,341.51.
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