Stock market today: Live updates
U.S. stocks rose Wednesday after reports that the U.S. and Iran were nearing a deal to end the war, including a nuclear enrichment moratorium. The Dow gained 675 points (1.4%), the S&P 500 rose 1.4%, and the Nasdaq added 1.8%. Oil prices dropped 6-7% on hopes of peace and the Strait of Hormuz reopening. However, President Trump later cast doubt on the deal, warning of potential bombing if Iran refuses. AMD surged 17% after strong earnings, boosting the chip sector.
