Dow Surges 900 Points After Trump Cancels Iran Strikes, Touts Nuclear Deal

Executive Briefing

• Surges across all three major indexes followed Trump's decision to cancel planned strikes on Iran
• Dow Jones closed at 50,848.75, gaining 1.86%; Nasdaq rose 2.54% and S&P 500 gained 1.75%
• Trump claims Iran agreed to ban nuclear weapons as part of an unspecified deal to be signed 'soon'
• Strikes had been renewed after Iran downed a U.S. Apache helicopter earlier in the week