The Economic Times

Why is the US stock market today surging? Dow, S&P 500, Nasdaq jump on Trump Iran ceasefire hopes and strong data - Amazon, Tesla lead tech gainers

US stock market today is surging, with the Dow Jones up 354 points, the S&P 500 gaining 0.82%, and the Nasdaq jumping 1.20% in early trade. Investors are reacting fast to fresh signals. US President Donald Trump said Iran is seeking a ceasefire. That reduced global risk instantly. At the same time, jobs data came in stronger than expected, with 62,000 new private payrolls. Retail sales also rose 0.6%, showing solid consumer demand. Big tech is adding fuel. Amazon and Tesla are leading gains.