The Dow hit a record close as a US-Iran deal to reopen the Strait of Hormuz sent oil prices tumbling over 4%. Bitcoin also climbed above $65,000.

(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.

Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz,…

Asian shares climb with Japan’s Nikkei nearing record close

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…

CBOE's 'fear index' falls to more than one-week low

Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears and sent oil prices plummeting. This…