US Stock Market Today: Dow, S&P 500, Nasdaq Surge as Oil Tumbles on Iran Reprieve
U.S. stocks surged Monday, with the Dow up over 1,000 points and oil prices tumbling after President Trump postponed strikes on Iranian power plants. Brent crude fell 8%, easing fears of a prolonged supply shock. Travel and bank shares led gains, while the S&P 500 banking index rose 1.8%. Iran denied talks with Washington and Israeli strikes continued.