Quartz·1 min read·medium
The Dow is up 700 points after Trump called off strikes on Iran and oil tumbled
✦AI Summary
The Dow Jones Industrial Average rose 700 points following a de-escalation in tensions between the U.S. and Iran. Crude oil prices also fell by over 6% as markets reacted positively to the prospect of renewed diplomacy.
The S&P 500 gained about 1% and the Nasdaq rose 1.2% as crude oil tumbled more than 6% on hopes for renewed diplomacy
businesseconomyworld
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