Mar. 23 at 12:54 PM
Major US tech stocks rose Monday after President Trump announced a five-day delay on new strikes against Iranian energy infrastructure, citing “productive” talks with Tehran.
Nvidia, Meta Platforms, and Amazon led gains, while Microsoft and Alphabet also moved higher.
The rally followed the temporary pause in military action, which eased concerns about a broader Middle East escalation that could disrupt global energy markets and economic conditions. Tech stocks, sensitive to geopolitical risk and supply chain stability, responded positively.
However, Iran’s Fars News Agency denied any direct or indirect talks with the US and said Trump backed off targeting power plants after Tehran warned of retaliatory strikes across West Asia.
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