U.S. Stocks Rally As Oil Slides On Iran Talks -- Market Talk
Dow Jones03-24
1606 ET - U.S. stocks rise sharply and oil prices tumble after President Trump says the U.S. will postpone strikes on Iranian energy infrastructure as the countries are in talks over a potential deal to end the war. The announcement was a sharp reversal of escalating tensions over the weekend. All S&P 500 sectors and every member of the Magnificent 7 stocks rose. Consumer discretionary shares are the best performers as investors added risk. DJIA rises 631 points, or 1.4%, to 46208, the S&P 500 gains 1.2% to 6581 and the Nasdaq rises 1.4% to 21946. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 16:07 ET (20:07 GMT)
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