Dow surges over 500 points to intraday record high on US-Iran deal hopes

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In early trading on the 5th, the Dow Jones Industrial Average briefly surged more than 500 points, hitting a new intraday record high. Hopes for a peace agreement between the United States and Iran are providing a tailwind. Meanwhile, SpaceX and Advanced Micro Devices, which both issued upbeat outlooks on the 4th, are trading lower.

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