trading day high<\/a>, up about 1.4%, while the S&P 500 rose 1.9% and the Nasdaq Composite increased by 3%.<\/p>\nSpaceX continued to surge after going public on Friday, rising by more than 10% on Monday.<\/p>\n
President Donald Trump and Pakistani Prime Minister Shehbaz Shafir announced Sunday evening that the United States and Iran have agreed to the terms of a peace agreement. With the announcement, the president said the Strait of Hormuz will open, though it has not immediately opened as he said it would.<\/p>\n
Shafir, who has acted as a mediator in peace talks, said the United States and Iran have signed a memorandum of understanding electronically.<\/p>\n
The terms of the agreement include an end to military operations in Lebanon. However, Israel and Lebanon have continued to exchange fire, raising concern about the peace agreement remaining intact.<\/p>\n
On Monday afternoon, the price of West Texas Intermediate had fallen by more than 5% to $80.46 per barrel.<\/p>\n
Boeing has been the strongest riser on Monday with shares in its stock jumping nearly 5%<\/a>. Chevron stock has fallen by about 4%.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange on Wall Street on Wednesday in New…\n","protected":false},"author":2,"featured_media":705888,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,801,24384,3,304792,942,21,19,22,20,25,24],"class_list":["post-705887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-iran","tag-new-york-stock-exchange","tag-news","tag-peace-agreement","tag-president-donald-trump","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/705887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=705887"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/705887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/705888"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=705887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=705887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=705887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"UPI\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/822935a08ac3b7f456469ab5051cca3c.jpeg\")
Traders work on the floor of the New York Stock Exchange on Wall Street on Wednesday in New York City. Photo by John Angelillo\/UPI <\/p>\n