Stocks surged Monday after trade tensions between Washington and Beijing cooled, and even as the Trump administration clashed with Iran on its nuclear program and sanctions relief. The dollar hit a fresh five-month high, and the 10-year Treasury yield held comfortably above 3%.
Here’s the scoreboard:
Dow Jones Industrial Average: 25,011.95 +296.86 (+1.20%)
S&P 500: 2,729.90 +16.93 (+0.62%)
AUD/USD: 0.7577 0.0055 (+0.73%)
ASX 200 SPI futures: 6,082.5 +10.5 (+0.17%)
- US Secretary of State Mike Pompeo hit Iran with a list of demands for sanctions relief. The proposal would require Tehran to halt all uranium enrichment and to stop supporting militant groups in the Middle East.