Dow jumps 1,125 points as Trump report eases Iran tensions
Business
Wall Street had a big day Tuesday, with the Dow jumping 1,125 points after President Trump was reported to be willing to end military action against Iran.
This helped calm worries about rising oil prices and inflation, and brought some relief about energy supplies staying steady.
Tech giants rally amid Fed concerns
Tech giants like NVIDIA, Alphabet, Meta, and Amazon led the charge, helped by CoreWeave landing a huge $8.5 billion loan for AI projects and Marvell getting $2 billion from NVIDIA.
Still, investors are keeping an eye on possible Fed rate hikes since inflation remains a concern.