Dow Jones buys the headline on an Iran deal, not the fine print
The Dow Jones Industrial Average (DJIA) punched to a fresh all-time intraday high on Monday, climbing around 1% as Wall Street cheered a preliminary peace agreement between the US and Iran. The catalyst is real enough; the framework reopens the Strait of Hormuz, lifts the US naval blockade, and extends the existing ceasefire by 60 days, which sent Crude…










