US Stock Market LIVE Updates: Dow rallies 380 points, oil retreats as investors bet Israel-Iran conflict will be contained
US Stock Market LIVE Updates: Stocks rebounded on Monday (Jun 16) as investors were optimistic that the conflict between Israel and Iran may remain contained. The spike in oil prices due to the escalating conflict also eased. The Dow Jones Industrial Average rose 248 points, or about 0.6%. The S&P 500 advanced 0.7%, while the Nasdaq Composite surged almost 1%.
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