Wall St ends sharply higher as Mideast tensions cool


The Dow rose 507.24 points, or 1.19%, to 43,089.02, the S&P 500 gained 67.01 points, or 1.11%, to 6,092.18 and the Nasdaq gained 281.56 points, or 1.43%, to 19,912.53.

NEW YORK: US stocks rallied more than 1% on Tuesday as investors welcomed a fragile truce with Israel and Iran while parsing Federal Reserve chair Jerome Powell's congressional testimony for clues regarding the US central bank's path forward.

All three major US stock indices closed with their second straight session of solid gains following US missile strikes on Iran's uranium enrichment assets.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Towards work-life mastery
Handling non-public info properly
Broadening Malaysia’s trade
US LNG exporters lead in gas use
Smart city can’t beat the traffic
AI in the layman’s eye
Jinhua – a trading hub without borders
Asia bonds for diversification
Powering a new reinvestment cycle as demand surges
High hopes as dividend is nigh

Others Also Read