(Bloomberg) -- Wall Street staged a comeback that saw stocks joining bonds higher after a peace deal between the US and Iran spurred optimism that a revival of the Strait of Hormuz will ease inflation risks.

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…

(Bloomberg) -- A deal to reopen the Strait of Hormuz spurred a rally in riskier corners of Wall Street, with stocks climbing alongside cryptocurrencies as oil sank on hopes the…