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Anticipating U.S.-Iran Ceasefire, Dow Jones Earlier Surged Nearly Six Hundred Points
March 26, 2026
Dreaming of a ceasefire between the US and Iran, the Dow once surged nearly 600 points
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Market hopes that the US can facilitate a ceasefire with Iran through diplomacy led to a significant drop in international oil prices, which in turn drove a sharp rebound in U.S. stocks early Wednesday. The Dow opened 190 points higher, with gains expanding to as much as 594 points, reaching a high of 46,718 points. The S&P 500 rose 1.18%, and the tech-heavy Nasdaq increased by 1.52%.
Among major stocks, Nvidia, Tesla, and Amazon all gained 2%. UK chip design company…