Stocks & Markets

These stocks in the S&P 500 are rising the most after Trump's cease-fire announcement

North America / United States1 views1 min
These stocks in the S&P 500 are rising the most after Trump's cease-fire announcement

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The S&P 500 index rose 2.3% after President Trump's announcement of a cease-fire with Iran, with travel-related companies and semiconductor manufacturers dominating the list of top performers. The Dow Jones Industrial Average was up 1,266 points, or 2.7%, in early trading, with 73% of component stocks showing gains.

The S&P 500 index rose 2.3% after President Trump's cease-fire announcement. Travel-related companies and semiconductor manufacturers led the gains. The Dow Jones Industrial Average was up 1,266 points, or 2.7%, in early trading. Crude oil prices dropped 18% to $92.60 a barrel. Top gainers included Paramount Skydance, Arista Networks, and Western Digital. The cease-fire announcement eased worries about a weakening labor market and inflation.

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