May 6, 2026
Markets cheer signs of a possible U.S.-Iran deal
Oil prices plummeted and Wall Street stocks surged on Wednesday after President Trump pointed to "great progress" toward reaching a peace that ends the U.S. war with Iran.
TL;DR
- Oil prices plummeted.
- Wall Street stocks surged.
- President Trump announced "great progress" toward peace with Iran.
- The progress aims to end the U.S. war with Iran.