Deal on ending the Iran war sends stocks soaring while oil prices fall
BANGKOK (AP) — Share prices soared Monday in Asia after a deal was announced on ending the Iran war and reopening the Strait of Hormuz. Benchmarks in Tokyo and Seoul gained more than 5% early Monday. Oil prices fell more than $3 a barrel. The future for the S&P 500 was up 1% and that for the Dow Jones Industrial Average gained 0.8%, auguring early…
