{"id":346661,"date":"2026-03-23T16:05:11","date_gmt":"2026-03-23T21:05:11","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/dow-closes-up-600-points-as-trump-claims-talks-held-with-iran"},"modified":"2026-03-23T16:05:14","modified_gmt":"2026-03-23T21:05:14","slug":"dow-closes-up-600-points-as-trump-claims-talks-held-with-iran","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/dow-closes-up-600-points-as-trump-claims-talks-held-with-iran","title":{"rendered":"Dow closes up 600 factors as Trump claims talks held with Iran"},"content":{"rendered":"


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The Dow Jones Industrial average closed up more than 600 points on Monday after President Donald Trump claimed<\/a> “productive conversations” had been held between the United States and Iran.<\/p>\n

The major stock indexes each soared more than 2% in early trading but gave up some of those gains as a flurry of headlines about the U.S.-Israeli war with Iran elicited price fluctuations.<\/p>\n

The peace talks — which Iranian officials denied — sent the price of oil plunging on Monday on hopes that negotiations could reopen the Strait of Hormuz<\/a> and end a weeks-long global energy shock.<\/p>\n

The Dow closed up 631 points or 1.3%, while the S&P 500 jumped 1.1%. The tech-heavy Nasdaq increased 1.3%.<\/p>\n

Each of the indexes remained below where it stood before the U.S.-Israeli war with Iran began on Feb. 28.<\/p>\n

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A trader works on the floor of the New York Stock Exchange after the opening bell in New York, New York City, March 23, 2026.<\/span><\/span><\/span><\/p>\n

Sarah Yenesel\/EPA\/Shutterstock<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n

A selloff cascaded across global markets in recent weeks as stockholders feared economic fallout<\/a> from a potentially prolonged bout of elevated oil prices.<\/p>\n

Global oil prices plunged more than 10% on Monday after Trump made his claim about ongoing negotiations with Iran. Still, the price of oil stood above $100 a barrel, marking a steep rise since the outbreak of war.<\/p>\n

Trump, after\u00a0postponing U.S. strikes on Iran’s energy infrastructure\u00a0citing new negotiations with Tehran, said on Monday that talks will continue and that there are “major points of agreement.”<\/p>\n

According to Iranian state media,\u00a0Iran’s Parliament Speaker Mohammad Qalibaf said, “no talks\u00a0with the U.S. have taken place; reports claiming otherwise\u00a0are fake news aimed at influencing financial and oil markets and distracting from the challenges facing the U.S. and Israel.”<\/p>\n<\/div>\n


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