US Stocks Add $550 Billion On US-Iran Ceasefire Hopes As Oil Retreats
2026-07-20 15:06:04
US stocks gained roughly $550 billion Monday as hopes rose for a 10-day US-Iran ceasefire, while oil prices fell on easing supply fears. According to BeInCrypto, the S&P 500 rose 0.63% and the Nasdaq climbed 1.02%, with tech leading the rally after a senior Iranian official confirmed the offer to Reuters. WTI traded near $82.65 and Brent around $88.46 as traders priced in calmer risks.
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