Wall Street Soars as US-Iran Deal Calms Inflation Worries
Published on: June 16, 2026, 12:18 a.m. | Source: Devdiscourse
Wall Street's major indexes surged on Monday following a preliminary US-Iran agreement to end the Middle East conflict and reopen the Strait of Hormuz. This led to significant drops in crude oil prices and eased inflation fears, benefiting technology stocks while negatively impacting energy shares.
