#CNBC Dow surges 600 points in relief rally after Trump says U.S. and Iran have had ‘productive’ talks

Dow surges 600 points in relief rally after Trump says U.S. and Iran have had ‘productive’ talks
Stocks rallied Monday after President Donald Trump said the U.S. and Iran have held talks and that he was halting strikes on Iranian power plants and energy infrastructure, giving investors hope that the Middle East conflict that spiked oil prices and raised fears of a global recession was nearing an end.

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