India, March 31 -- The closure of the March trading session across US equity markets was marked by a sizable surge in price as optimism amongst the investment community was buoyed by the possibility that diplomatic negotiations between the United States and Iran may result in a de-escalation of the recent conflict in that region. The Dow Jones Industrial Average increased by 563 points (+1.25%), Nasdaq and S&P 500 each saw substantial gains as well.

U.S. Market Snapshot

Dow Jones

Dow Jones was strength from the energy and technology sectors, which seemed to be the main factors driving investor optimism. Industrial companies, such as Caterpillar were among the biggest gainers for the day with an increase of +2.98%, while companies like ...