Dow Jones, major indices gain as Trump holds off I
Dow Jones, major indices gain as Trump holds off Iran strikes
U.S. stocks traded higher on Friday even as investors remained cautious, with the Dow Jones Industrial Average, S&P 500, and Nasdaq notching gains after President Donald Trump announced a two-week window for Iran to negotiate.
As markets resumed on Friday following the Juneteenth break on Thursday, June 19, the Dow Jones Industrial Average opened just 150 points higher.
Meanwhile, the benchmark S&P 500 hovered near the flatline, up 0.4%, while the Nasdaq Composite climbed 0.6%. President Trump’s message and fresh comments on a potential Federal Reserve interest rate cut seemed to catalyze the upward move.
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