Quartz·1 min read·medium

The Dow is up 500 points on Iran de-escalation. Investors remain skeptical it'll last

Cris Tolomia
AI Summary

The Dow Jones Industrial Average rose 500 points following President Trump's announcement that a planned military strike on Iran was canceled. Despite the market rally, investors remain cautious about the long-term stability of the geopolitical situation.

Brent crude fell more than 5% after President Trump said Sunday he canceled a planned attack and that talks would resume Monday

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