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Stock market today: Dow surges 900 points, S&P 500 and Nasdaq soar after Iranian leader signals openness to negotiations
US stocks surged on Tuesday after the Iranian president, Masoud Pezeshkian, signaled that the regime may be willing to negotiate toward an end to the war that has ravaged the global energy market.
Stocks were already in the green earlier in the session after President Trump reportedly told administration officials that he would be willing to end the war in Iran without a full reopening of the Strait of Hormuz and said that the war won't last "much longer."
The S&P 500 (^GSPC) rose 2.9%, while the Dow Jones Industrial Average (^DJI) traded up by 2.5%, or more than 1,000 points. The Nasdaq Composite (^IXIC) gained a stronger 3.8% as megacap tech stocks jumped.
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