Markets Rally on Geopolitical Optimism as Oil Crashes and Indices Surge

U.S. equity markets reversed sharp losses to close higher, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posting significant gains. Crude oil prices plunged as former President Donald Trump signaled a potential end to a major international conflict, boosting investor confidence.

• DJIA gained 3.2% to close at 38,715.43
• SPX rose 3.8% to 5,248.19
• IXIC climbed 4.5% to 16,872.30
• CL=F crude oil dropped 12.7% to $72.10 per barrel
• VIX volatility index fell 18.3% to 14.2
• Defense and energy sectors led market gains