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Stocks rebound: investors encouraged by the announcement of the US-Iran deal

Pedchenko Vesna

Vesna Pedchenko

Photo: X / NYSE

Photo: X / NYSE

U.S. stocks rebounded from the decline they showed at the opening of trading on Thursday, May 28, after the publication of Axios. Its sources revealed that the US and Iran have reached a deal to extend the ceasefire and work on an agreement to end the war. President Donald Trump still has to approve the terms, the publication wrote. This information was also confirmed by MarketWatch's interlocutors.

The S&P 500 rose 0.5%, while the tech-heavy Nasdaq 100 jumped 0.9%. Both indices are on their way to new closing records. The Dow Jones Industrial Average has trimmed its decline but has not emerged from the red zone, it is down about 0.2%.

Brent crude oil futures, which had appreciated in the morning, reversed and were down 0.2% at the time of publication of this text, trading at $94 per barrel.

This article was AI-translated and verified by a human editor

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