BUSINESSQUARTZ
The Dow jumped 1000 points to a record on hopes for a Hormuz deal
The Dow Jones Industrial Average surged 1000 points to a record high due to hopes for a deal to reopen the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent stated that the U.S. is in talks with Iran, with a potential agreement possible within days.
Related Signal
Adjacent reporting
- Bessent signals a possible U.S-Iran deal that would open the Strait of Hormuz
- US treasury secretary says Hormuz deal with Iran could happen 'today or tomorrow'
- Dow soars nearly 900 points as Wall Street bets on Iran peace deal
- US may have deal with Iran to reopen Strait of Hormuz ‘today or tomorrow’, Bessent says
- US treasury secretary says deal with Iran to reopen Hormuz could be sealed by Wednesday
- Markets rally amid hopes of US-Iran deal