- Dow +500 points (+1%)
- S&P 500 +0.5%
- Nasdaq +0.3%
- WTI crude -1.5% to ~$102/bbl
The Dow Jones Industrial Average surged 500 points (1%) as oil prices fell on renewed hopes for a diplomatic solution to the US-Iran conflict. Eli Lilly cleared a flat-base entry of $1,292.65. Pending home sales hit a record low, and housing starts missed expectations.
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