Stocks Surge After Trump’s Iran Deal

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Stocks jumped Monday to start the holiday-shortened trading week after President Donald Trump announced that the United States and Iran had reached an agreement to end the war.

The Dow Jones Industrial Average climbed 516 points, or 1%, and hit a new all-time intraday high during the session.

The S&P 500 rose 1.5%, while the Nasdaq Composite surged 2.3% as investors cheered the apparent breakthrough.

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