US Stock Market Today: Dow, S&P 500, Nasdaq Surge as Oil Tumbles on Iran Reprieve
Stocks in the U.S. surged Monday—the Dow Jones Industrial Average jumped over 1,000 points, while both the S&P 500 and Nasdaq gained close to 2%. Oil tumbled after President Donald Trump announced a five-day delay on planned strikes targeting Iranian power plants, mentioning ongoing discussions with Tehran. Brent crude slid roughly 8%, U.S. crude lost around 7.3%, as traders pulled back from pricing in a major supply shock.
