ReferIndia News Wall Street Surges on US-Iran Deal and Plummeting Oil Prices

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Wall Street Surges on US-Iran Deal and Plummeting Oil Prices

Published on: June 16, 2026, 2:11 a.m. | Source: Devdiscourse

Wall Street saw significant gains as the Nasdaq climbed 3% and the Dow hit a record high following a US-Iran agreement to end the Middle East war. This development, alongside falling oil prices, eased inflation fears and boosted technology and transport stocks, with the energy sector lagging.

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