Dow pops 500 points, oil tumbles on hopes of a US-Iran peace deal

Wall Street’s main indexes rose on Monday as oil prices tumbled more than 7% on hopes of a US-Iran peace deal, with investors also bracing for Tuesday’s midterm elections and another busy week of earnings. In midday trading, the Dow Jones Industrial Average jumped 566 points, or 1.1%, to 52,336.…

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