The Economic Times

Why is US stock market surging big today? Dow Jones, S&P 500, Nasdaq rise despite Iran war and oil price shock - Tesla, Oracle and Nvidia on the move

US stock market surge today as the Dow Jones jumps over 300 points, the S&P 500 climbs above 6,400, and the Nasdaq leads with strong gains. Stocks are rising despite the Iran war and oil price shock. Investors are reacting to signals from Donald Trump about a possible de-escalation near the Strait of Hormuz. Oil remains volatile but not spiking further. Treasury yields are falling. Tech stocks are leading the rally.