Dollar Sinks 1% to Erase This Year’s Gains on US-Iran Ceasefire
The dollar dropped more than 1% and wiped out its gains for the year after the US and Iran agreed to a two-week ceasefire, stoking investor appetite for riskier assets.
Wall Street Surges on Ceasefire
- Dow closes up more than 1,300 points after US-Iran ceasefire ABC News —
- Dow futures soar nearly 1,300 points, oil tumbles on Iran ceasefire CBS News —
- Oil plunges below $95 as the Dow surges 1,300 in a worldwide rally following a ceasefire with Iran Scripps News —
- US stock markets on pace for record day with investors rushing to buy after Trump’s Iran ceasefire deal The Independent —
- $1.5 trillion relief rally erupts on Wall Street after Trump hits pause on Iran strikes Fortune —