US stocks surge at open: Dow Jones jumps 300 points, Nasdaq up 1%

US stocks rose on Tuesday while oil prices extended their slide, as investors wagered that the newly brokered ceasefire between Israel and Iran would hold—at least for now—and as Federal Reserve Chair Jerome Powell signalled patience on rate cuts. The Dow Jones Industrial Average rose by 305 points, or 0.7%, while the S&P 500 and […]