Iran Ceasefire: Dow Jumps 1,000 Points as Oil Crashes 11%
Iran’s ceasefire and Strait of Hormuz reopening sent the Dow up 1,088 points and oil crashing 11% — one of Wall Street’s fastest recoveries in years.
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Wall Street Bet on Iran Peace. Trump Said ‘Not Good Enough.’
The S&P 500 just posted its fourth consecutive winning session on hopes of an Iran ceasefire. Then Trump called the proposal ‘not good enough.’ Here’s what the market got wrong — and what happens next.