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The Economic Times — Marketseconomictimes.indiatimes.com

US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slide (opens original article in a new tab)

TL;DR

US stocks surged as a US-Iran deal eased inflation fears and lowered oil prices, boosting tech and energy-dependent sectors, with the Dow hitting a record high. The Federal Reserve's policy update remains a key focus.

  • US-Iran preliminary agreement eased inflation fears and led to oil price drop
  • Dow Jones Industrial Average hit record high
  • Federal Reserve's upcoming policy update remains a key focus
  • Tech stocks and energy-dependent sectors like airlines gained
  • Oil prices fell to their lowest since March, affecting energy shares

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