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Market Soars Amid U.S.-Iran Calm | US News
Stocks soared Monday as the Dow hit a record close, fueled by easing U.S.-Iran tensions and a tech rebound. Diplomats from both sides are set to meet in Doha to reinforce a June peace deal protecting the Strait of Hormuz. Despite geopolitical risks, markets shrugged it off, focusing instead on earnings season looming after July. Comcast is spinning off NBCUniversal and Sky, SpaceX joins the Nasdaq 100 on July 7, and Alphabet closes higher as a Dow component. The S&P 500 jumped 1.16%, Nasdaq up over 2%, Dow up 0.57%. Analysts point to end-of-quarter “window dressing” and tech gains as key…
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