Wall Street closes in the green after Trump states Iran wants to continue negotiating
Wall Street closed in the green this Monday, with its main indicator, the Dow Jones Industrial Average, rising 0.63%, after US President Donald Trump stated that Iran has contacted Washington for a new round of negotiations, following the inconclusive meeting this weekend.
TL;DR
- Wall Street indices closed higher on Monday.
- The Dow Jones Industrial Average increased by 0.63%.
- President Donald Trump announced Iran has contacted the U.S. for new negotiations.
- This comes after a weekend negotiation concluded without an agreement.
- The Strait of Hormuz blockage by Iran was a factor in previous market losses.
- Oil prices, specifically WTI, decreased following the negotiation news.
- Goldman Sachs reported increased net profit but fell in stock value.
- Salesforce Inc., Microsoft, and American Express saw stock price increases.