The Dow closed above 51,000 for the first time as the S&P 500 logged its ninth straight winning week on a reported 60-day US-Iran ceasefire framework.

Rio Times Global Economy Briefing The Big Three Chips drove records. Micron jumped about 19% and topped a $1 trillion valuation on a UBS upgrade, lift

The Dow hit a fresh record as oil cratered another 5.5% on an unconfirmed Iran report that Hormuz traffic would normalize within a month, while a weak 5-year auction kept the bond…