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Dow Jones closes 1300 pts higher as US-Iran ceasefire sparks global rally

By Invezz April 08, 2026 Bullish
Dow Jones closes 1300 pts higher as US-Iran ceasefire sparks global rally
US stocks surged on Wednesday, capping a powerful global rally after a last-minute ceasefire agreement between the United States and Iran eased geopolitical tensions and triggered a sharp drop in oil prices. The two-week truce, announced by US President Donald Trump just hours before a self-imposed deadline for escalation, helped restore investor confidence after weeks of volatility driven by conflict in the Middle East.
US stocks surged on Wednesday, capping a powerful global rally after a last-minute ceasefire agreement between the United States and Iran eased geopolitical tensions and triggered a sharp drop in oil prices. The two-week truce, announced by US President Donald Trump just hours before a self-imposed deadline for escalation, helped restore investor confidence after weeks of volatility driven by conflict in the Middle East.