Dow Jones rallied to touch an all time high of 52,065 as it spiked another 400 points Tuesday morning, as markets continued to show their love for the Iran- US deal. Stocks were lapped up by investors as they anticipate a stable future in the oil markets after months of turmoil, easing concerns about a prolonged war in the middle east.Dow Jones hit a record high after rising nearly 400 points. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)President Donald Trump announced that the United States and Iran had reached an agreement to end their four-month conflict, and the Dow had already gained 470 points, or 0.9%, on Monday and closed at a record level, according to TradingView.Also read: Inflation, gas prices and interest rates: 3 key ways US-Iran peace deal could impact global economyPakistani Prime Minister Shehbaz Sharif tried to gain some traction for his role as well, and said an official signing ceremony for the agreement is expected to take place in Switzerland on Friday. Because the final agreement has not yet been signed, investors remain optimistic but are still watching developments closely.Trump said the Strait of Hormuz will reopen on Friday. After the announcement, oil prices dropped nearly 5%. The fall in oil prices helped improve investor sentiment. Lower oil prices usually reduce pressure on inflation and energy costs.