Wall Street rises as markets welcome the US-Iran agreement

Dow Jones Industrial Average
S&P 500 index
NASDAQ

Dow Jones Industrial Average

DJI

0.00

S&P 500 index

SPX

0.00

NASDAQ

IXIC

0.00

- Wall Street's main indexes opened higher on Monday after Washington and Tehran reached a tentative agreement to end the war in the Middle East and reopen the Strait of Hormuz, sending crude oil prices tumbling.

The Dow Jones Industrial Average rose 162.3 points, or 0.32 percent, to 51,364.55, the S&P 500 gained 85.3 points, or 1.15 percent, to 7,516.75, and the Nasdaq Composite climbed 558.4 points, or 2.16 percent, to 26,447.23.