Wall St gains as markets welcome Iran deal
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FILE PHOTO: The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo
June 15 (Reuters) - Wall Street's main indexes opened higher on Monday after Washington and Tehran reached a preliminary agreement to end the Middle East conflict and reopen the Strait of Hormuz, leading to a sharp decline in crude prices.
The Dow Jones Industrial Average rose 162.3 points, or 0.32%, at the open to 51364.55. The S&P 500 rose 85.3 points, or 1.15%, at the open to 7516.75, while the Nasdaq Composite rose 558.4 points, or 2.16%, to 26447.23 at the opening bell.
(Reporting by Twesha Dikshit; Editing by Pooja Desai)
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