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Major U.S. Stock Indices Rise as Trump Eases Tensions with Iran

New york: All three major U.S. stock indices rose after President Donald Trump called off his threat to bomb Iran as Wall Street geared up for SpaceX's market debut.

According to Emirates News Agency, at the close, the Dow Jones Industrial Average rose 1.86% to 50,848.75 points, the S and P 500 gained 1.75% to 7,394.30 points, and the Nasdaq Composite climbed 2.54% to 25,809.66 points.

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