Dow Jones Today | US Stock Market LIVE Updates: Dow jumps 800 points at the open after Trump says US and Iran have held productive talks
Published on 23/03/2026 07:15 PM
US stocks on Monday (March 23) rallied after President Donald Trump said the United States and Iran had held talks and that he was halting strikes on Iranian power plants and energy infrastructure.
The Dow Jones Industrial Average jumped 829 points, or 1.8%. S&P 500 rose 1.4%, while Nasdaq Composite gained 1.6%. The gains followed Trump’s statement on the talks and the suspension of planned strikes, which had previously raised concerns about rising oil prices and global economic risks.
Federal Reserve Governor Stephen Miran said the central bank shouldn’t set policy based on short-term considerations related to the US and Israel’s war in Iran.
“We should wait for all the information to come in before really changing our outlook,” Miran said Monday in an interview on Bloomberg Surveillance. “And I think it’s just still premature to have a clear view about what this is going to look like as you look 12 months out.”
The conflict in the Middle East has sent oil prices sharply higher, threatening to both put upward pressure on inflation and weigh on economic growth and the labour market.
Bitcoin rose more than 3% after President Donald Trump said that the US and Iran held productive talks on the war in the Middle East.
The cryptocurrency, which was at one point in early trading Monday below $68,000, was last trading at $70,298.68. That’s slightly lower than where it traded right after Trump made his statement, where Bitcoin crossed $71,000.
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