Wall Street climbs to near one-month high after US-Iran ceasefire

Wall Street's main indices climbed to near one-month highs on Wednesday after the US and Iran agreed to a two-week ceasefire. The Dow Jones Industrial Average rose around 1,300 points, the S&P 500 jumped 2.36%, while the Nasdaq Composite surged 2.81% as of 10:00 am ET. The announcement led to crude oil prices dipping below $100 per barrel.