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Dow Jones Soars 200 Points, Shrugs Off Iran's Mild Comeback

Dow Jones Soars 200 Points, Shrugs Off Iran's Mild Comeback

Date: 2025-06-23 18:00:53 | By Gwendolyn Pierce

Markets Edge Up as U.S. and Iran Tensions Simmer

Holy smokes! U.S. stocks are on the rise even after Iran's brazen attack on a U.S. airbase in Qatar, which, thankfully, resulted in zero casualties. But hold your breath, folks, because this geopolitical drama is far from over.

Despite the U.S. diving headfirst into Israel's war with Iran, major stock indices are showing some muscle. On Monday, June 23, the Dow Jones soared 270 points, a whopping 39.98%! The S&P 500 flexed up 0.69%, while the tech-heavy Nasdaq powered up 0.78%, thanks to those unstoppable growth stocks. And get this, oil prices took a nosedive, dropping 5%!

Now, here's the kicker: the U.S. launched three strikes on major Iranian nuclear facilities right when the markets were snoozing. That might've kept the reaction in check. Oil prices barely budged, even with the fear that Iran might go all out and close the Strait of Hormuz, the world's oil lifeline.

Traders are on the edge of their seats, waiting for Iran's next move. And bam! On June 23, the Iranian military announced they'd already hit the U.S. base in Qatar. Qatar's foreign ministry confirmed it but breathed a sigh of relief, saying no one was hurt because the U.S. had smartly evacuated its planes and personnel days earlier.

Trump Declares Victory, Talks Regime Change

U.S. officials aren't playing around, threatening Iran with some serious repercussions if they dare to retaliate. And President Trump? He's talking regime change, hinting that the Iranian Ayatollahs might be swapped out for a democratic government.

But let's not jump the gun just yet. It's still a big question mark whether the U.S. is all in for a full-blown war with Iran. Trump called the U.S. strikes on Iran a "spectacular military success," but hold up—independent agencies aren't seeing any signs of radiation spikes.

The jury's still out on how effective those U.S. strikes were, and with Iran's cautious moves, it looks like tensions might just be cooling off. That's why growth stocks are popping, with Tesla skyrocketing nearly 10% after rolling out its Robotaxi service.

But hold on, it's not all smooth sailing for Tesla. Riders are reporting some wild rides, with speeding and traffic law violations left and right.

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