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Trump Extends Iran Ceasefire, Stocks Surge, Oil Near $100

4/23/2026

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Story summary
  • U.S. President Donald Trump extended the ceasefire with Iran on April 22, 2026.
  • Dow rose 381.18 points to 49,530.56 while the S&P 500 gained 61.56 points to 7,125.15.
  • Tech stocks lifted the S&P 500 1.6%, led by Micron up 5.6%.
  • GE Vernova rose 12.5% after boosting its revenue outlook, while United Airlines fell 6.4% on warnings.
  • Oil stayed near $100 as Iran seized two vessels in the Strait of Hormuz, keeping risk high.