Wall Street Rebounds: De-escalation Hopes Calm Markets Amid Mideast Tensions
Wall Street Rebounds: De-escalation Hopes Calm Markets Amid Mideast Tensions Global markets breathed a collective sigh of relief on Monday, with major U.S. indexes posting significant gains as investors latched onto optimistic signals regarding the Israel-Iran conflict. The Dow Jones Industrial Average surged over 300 points, or 0.75%, closing at 42,515.09. The S&P 500 climbed 0.94% to 6,033.11, while the Nasdaq Composite led the charge with a 1.52% jump, settling at 19,701.21. The market’s rebound was largely attributed to a…