Money
Stocks Rally as President Trump Signs a Preliminary Deal to End the US-Iran War
— Ai Summary —
Stocks rallied after President Trump signed a preliminary deal to end the US-Iran war. The S&P 500 rose 0.73%, the Dow 0.53%, and the Nasdaq 100 gained 1.62%, as traders faced triple-witching. Intel jumped about 8% on a domestic chip plan with Apple, while Accenture fell around 16% on weak Q4 guidance. WTI crude traded near a 3.5-month low.
Overseas markets remained mixed as energy and geopolitics influenced risk appetite. Goldman Sachs trimmed Brent to $80 a barrel for Q4 and projected Gulf exports normalize by July, while the dollar held firm. The session underscored volatility ahead of the next FOMC move, with triple-witching heightening trading.
AI-generated summary • Source: Barchart.com • Read the full article for complete information.
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