U.S. stocks rise on Iran deal and lower oil
The US stocks continued their rise, with the Dow Jones Industrial Average closing higher by 468 points (+0.92%), reaching its highest level during the session. The Standard & Poor's also increased by 1.66%, while the Nasdaq surged by 3.07%. This positive performance was supported by President Donald Trump's announcement of reaching an agreement to end the war with Iran and the expectation of signing an official memorandum of understanding in Switzerland. As a result, oil prices declined by 4.9% to $80.75 per barrel, and there are now expectations that there will be no need to raise interest rates in the United States.
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