Wall Street Gains as Investors Focus on Peace Talks
US stocks rallied on Monday as hopes for Middle East de-escalation helped investors look past failed talks. The dollar declined for a sixth straight session.
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Major stock indices in the United States rallied to close significantly higher on Monday as investors looked past failed diplomatic discussions with Iran and focused on the start of the first-quarter earnings season. Although initial peace talks faced hurdles, late-session optimism regarding potential de-escalation in the Middle East supported market sentiment, allowing Wall Street to recover from earlier volatility.
