Stocks Surge, Gas Drops as U.S. and Iran Move Toward Peace
📡 Barrons · 1 min read ·
Part of composite article Global Stocks Stall as Iran Nuclear Talks Hit First Roadblock View full article →
The Nasdaq jumped nearly 2% on Thursday, reversing a sharp decline from the previous day. The rally came as the United States and Iran made progress toward a peace deal, a development that also pushed gas prices lower. Investors responded positively to the reduced risk of conflict in the Middle East, which had weighed on markets earlier in the week.