US stock markets today: Wall Street rallies, oil tumbles after US and Iran reaches deal; AI and travel stocks jump
Global stock markets advanced on Monday while oil prices fell sharply after the United States and Iran reached a tentative agreement to extend their ceasefire and reopen the Strait of Hormuz, raising hopes of easing inflationary pressures and restoring the flow of crude oil.The S&P 500 rose 1.5%, while the Dow Jones Industrial Average gained…
