US stock market gains $1 tn in first 12 minutes of trading on Monday: Report

The US stock market gained about $1 trillion in first 12 minutes of trading on Monday as the S&P 500 jumped about 1.49% at open, Bull Theory reported. The jump comes after markets opened for the first time after the announcement of the peace deal between the US and Iran. Other indices like Dow and Nasdaq recorded gains as well.