S&P 500 Jumped 240 Points After President Trump Comment on Iran Talks
The post says markets added about $2 trillion in value minutes after President Trump said the United States and Iran had productive discussions, before Iran later denied the claim.
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Terms & Concepts
Market capitalization: The total value of a company or market, calculated by multiplying share price by outstanding shares.
S&P 500: A major U.S. stock index tracking 500 large publicly listed companies and often used as a broad gauge of market sentiment.