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US stocks: Dow hits record high on Iran deal optimism, lower oil prices
Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middle East conflict and reopen the Strait of Hormuz. This development triggered a significant drop in crude oil prices, boosting investor confidence across the board.
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apnews.com
Tentative deal on ending the Iran war sends stocks soaring while oil prices fall
Shares have soared in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.
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swissinfo.ch
Stocks Climb, Oil Declines on Iran Peace Deal: Markets Wrap
(Bloomberg) -- Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz.
