Despite Iran denial, US stocks soar on Trump's claim of negotiations

US stocks spiked on Monday morning after US President Donald Trump claimed that negotiations were underway with Iran in an effort to end the nearly one-month war. The NASDAQ Composite and Dow Jones Industrial Average (DJIA) both spiked momentarily above 2%, while the S&P 500 gained 1.7%. US stocks spiked on Monday morning after US President Donald Trump… US stocks spiked on Monday morning after US President Donald Trump claimed that negotiations were underway with Iran in an effort to end the nearly one-month war. The NASDAQ Composite and Dow Jones Industrial Average (DJIA) both spiked momentarily above 2%, while the S&P 500 gained 1.7%. S&P 500, NASDAQ, Dow Jones pop after President Trump claims progress on negotiations.Iran denies that any negotiations took place this weekend.Trump says US and Israel will hold off on bombing energy infrastructure for five days.Oil futures slump over 9%, briefly trading below $90/barrel.US stocks spiked on Monday morning after US President Donald Trump claimed that negotiations were underway with Iran in an effort to end the nearly one-month war. The… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.