
U.S. stocks jumped sharply as the Dow rallied about 1,000 points after President Trump signaled a willingness to wind down the Iran conflict, a remark that briefly cut the oil risk premium. The move lifted many cyclical and technology names, with Palantir among the notable gainers, and some drug stocks also surged. While the surge offered a strong intraday turnaround, investors remain cautious because past late-day recoveries tied to similar comments have not fully reversed broader, oil-driven losses.
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