Oil Plunges Below $95 As The Dow Surges 1,300 In A Worldwide Rally After Ceasefire With Iran
The S&P 500 leaped 2.5% after Trump announced a two-week ceasefire with Iran, less than 90 minutes before a deadline Trump had set for it to open the Strait of Hormuz.
Markets rally on peace prospects
- Oil, gas plunge on hope for end of war in Gulf Times Of India —
- Oil markets immediately drop after Trump and Iran say Hormuz is open Scripps News —
- Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open CBS News —
- Wall Street indexes rally as oil falls with Strait of Hormuz opening Reuters —
- Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open The Straits Times —