Consumer companies rallied as inflation, interest-rate and fuel worries eased.
President Trump's decision not to escalate the war in Iran drove down oil futures. That alleviated fuel-cost pressures for airlines, cruise-lines and other consumer companies.
The U.S. Global Jets exchange-traded fund rose by more than 4%.
Shares of Tyson Foods declined after the meat processor reported mixed quarterly results, with sales coming in well below Wall Street estimates as beef prices increased dramatically.
Write to Rob Curran at rob.curran@dowjones.com
