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Dow Jones gains 600 points as as oil drops after Trump delays Iran strikes

By Invezz March 23, 2026 Bullish
Dow Jones gains 600 points as as oil drops after Trump delays Iran strikes
US equities staged a sharp rebound on Monday, with all three major indexes closing more than 1% higher as oil prices plunged following comments from Donald Trump about delaying military action against Iran. The rally marked a turnaround from last week's declines, as investors reacted to signs of potential de-escalation in the Middle East conflict, even as uncertainty lingered over the credibility of reported talks between Washington and Tehran.
US equities staged a sharp rebound on Monday, with all three major indexes closing more than 1% higher as oil prices plunged following comments from Donald Trump about delaying military action against Iran. The rally marked a turnaround from last week's declines, as investors reacted to signs of potential de-escalation in the Middle East conflict, even as uncertainty lingered over the credibility of reported talks between Washington and Tehran.