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The Economic Times

Business

US stocks: Dow soars 900 pts, Nasdaq over 2% as Trump says Iran deal likely soon

Iran United States SpaceX Elon Musk Inflation Interest Rates IPO Oil

Wall Street's major indexes ended sharply higher on Thursday, with stocks extending gains after U.S. President Donald Trump said he canceled planned strikes against Iran, and on the eve of the market debut of Elon Musk's SpaceX.

Hours before the expected strikes, ‌Trump said ⁠on Truth Social ⁠that negotiations with Tehran had advanced to the highest levels of Iran's leadership and had been okayed by a broad coalition of regional powers.

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One subscription that gives you access to news from hundreds of sites

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