Dow soars nearly 900 points as Wall Street bets on Iran peace deal

Article excerpt

The Dow Jones jumped nearly 900 points as investors bet on a potential peace deal between the U.S. and Iran, pushing the index to record highs. Wall Street's optimism persists despite recent flare-ups of Middle East violence, suggesting traders believe diplomatic momentum will overcome regional tensions. The rally reflects confidence that a negotiated end to hostilities could stabilize oil prices and reduce geopolitical risk, though the deal remains uncertain.