US stocks today: Wall Street jumps as Trump delays Iran strikes; oil prices retreat

US stocks today: Wall Street jumps as Trump delays Iran strikes; oil prices retreat

Global markets surged Monday as President Trump announced talks with Iran and a delay in planned strikes, easing fears of Middle East conflict. US stocks rallied significantly, oil prices tumbled, and European markets reversed earlier losses. However, Iran challenged the negotiation claims, casting a shadow of uncertainty over the de-escalation.

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