The Economic Times

US Stocks today: Dow Jones soars 1,125 points, Nasdaq, S&P 3% as Iran war de-escalation seen

Wall Street surged Tuesday as speculation of a de-escalation in the Middle East conflict eased oil price and inflation fears. Major indexes rallied following reports of President Trump's willingness to end military action against Iran. Investors are seeking indications of a normalized energy flow through the Strait of Hormuz.