Stock Market Today: Dow, S&P 500, Nasdaq Surge, Oil Plunges After US-Iran Ceasefire Sparks Relief Rally

Major U.S. stock indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, experienced significant gains today. This surge followed news of a ceasefire between the United States and Iran, which has led to a broad relief rally across financial markets. Concurrently, oil prices saw a sharp decline as the de-escalation of tensions eased concerns about supply disruptions.