BUSINESSCBS NEWS
Dow soars 1,000 points on strong corporate profits, hopes of Iran deal
The Dow Jones Industrial Average surged 1,000 points driven by strong corporate profits and optimism over a potential Iran deal. Stocks were set to reach new record highs as oil prices declined and companies reported robust earnings.
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Adjacent reporting
- Dow soars nearly 900 points as Wall Street bets on Iran peace deal
- Dow soars 300 points to an all-time high — first record hit since Iran war began
- US stocks head toward a record as profits keep piling up and oil prices ease
- Dow soars 500 points, oil slides over 5% after Trump announces new Iran peace talks
- The Dow is up 700 points after Trump called off strikes on Iran and oil tumbled