Wall Street opens higher after US-Iran ceasefire

April 8, 2026 9:35 AM EDT

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 2, 2026. REUTERS/Jeenah Moon

April 8 (Reuters) - ‌Wall ​Street's ​main indexes opened higher ‌on Wednesday after the ⁠U.S. and Iran agreed ‌to a two-week ‌ceasefire, sending crude prices lower on ​expectations that energy supplies through the ⁠Strait of Hormuz could resume.

The ​Dow Jones Industrial Average rose 393.7 points, ​or 0.85%, ‌at the open to 46,978.17. ⁠The S&P 500 rose 137.5 points, ⁠or 2.08%, at the open ​to 6,754.36, while the Nasdaq Composite rose 803.4 ‌points, or 3.65%, to 22,821.209 at ‌the opening ⁠bell.

(Reporting by ‌Purvi Agarwal ​in Bengaluru; Editing by Shinjini ‌Ganguli)



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