India, June 15 -- US equities surged in a broad-based rally as investors reacted to reports of a tentative US-Iran agreement aimed at ending prolonged conflict and reopening key oil trade routes. The mood on Wall Street turned decisively risk-on, with the Dow Jones jumping over 600 points and the Nasdaq climbing more than 2%. A sharp drop in crude oil prices further strengthened expectations of easing inflation and a more stable Federal Reserve outlook. Newly listed SpaceX continued its strong momentum, extending gains into its second trading session.

U.S. Market Snapshot

What is Happening in the US Stock Market Today?

Markets are rallying on a combination of geopolitical relief and falling energy prices whil einvestors are pricing in ...