U.S.-Iran Talks Drive Oil Prices Lower, Dow Hits Record High at Open

(Central News Agency, New York, 16th - compiled international news) The U.S. Dow Jones Industrial Average hit a record high shortly after opening today, driven by market optimism surrounding U.S.-Iran peace negotiations, which further drove down oil prices. At the same time, U.S. aerospace company SpaceX surpassed Amazon in market capitalization, becoming the fifth-largest publicly traded company in the United States.

At 9:31 a.m. Eastern Time, the Dow Jones Industrial Average rose 306.27 points, or 0.59%, to 51,977.30.

The S&P 500 index edged up 0.95 points, or 0.01%, to 7,555.24.

The Nasdaq Composite Index dipped 8.40 points, or 0.03%, to 26,675.54. (Compiled by Hung Pei-Ying) 1150616

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