business / news / / Kiplinger
The Dow Jones Industrial Average closed up 2.9% at 47,909.
President Trump announced a two-week ceasefire with Iran to finalize a peace agreement.
KEY POINTS
- Oil prices suffered their largest one-day drop since April 2020, falling over 16%.
- Intel will join Elon Musk's $20 billion Terafab project to design ultra-high-performance chips.
- Delta Air Lines maintained its full-year forecast but lowered earnings estimates due to higher fuel costs.
COMPANIES
Summarized by Newsio from Kiplinger. How we summarize →