By Alexander Osipovich
President Trump's surprise announcement that the U.S. was postponing threatened attacks on Iranian power plants after "productive" talks with Tehran unleashed a rapid reshuffling in the stock market. Winners and losers included:
-- Airline stocks jumped. American Airlines and United Airlines Holdings both gained around 5%.
-- Cruise lines were another winner. Carnival surged more than 7%.
-- Tech stocks posted gains too. Nvidia was up about 3% in recent trading, while Tesla advanced more than 4%, leading the Magnificent Seven.
-- Energy stocks retreated. Occidental Petroleum fell about 1%.
-- Fertilizer companies tumbled. CF Industries slid more than 6%. Its shares had benefited in recent weeks from the cutoff in Middle East exports of nitrogen fertilizers.
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(END) Dow Jones Newswires
March 23, 2026 10:24 ET (14:24 GMT)
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