New York, Mar 23 (AP) Relief is ripping through financial markets after President Donald Trump said the United States has talked with Iran about a possible end to their war, despite Iran’s denials.
Oil prices are falling sharply and stock prices are jumping on Wall Street following severe losses elsewhere in the world before Trump’s announcement.
The S&P 500 leaped 1.4 per cent toward its best day since well before the war began.
The Dow Jones Industrial Average rose 832 points, and the Nasdaq composite rose 1.7 per cent. Crude oil prices plunged almost 8 per cent. Asian markets closed lower overnight, and European markets were higher. (AP) AKY
Category: Breaking News
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