Dow Jones Climbs as U.S.-Iran Draw Closer to a Peace Deal

The Dow Jones (DJIA) is set to open higher following reports that the U.S. and Iran have made progress toward a peace deal.

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The U.S. has sent Iran a 14-point memorandum to end the war and create a framework for nuclear negotiations, U.S. officials told Axios. The terms include Iran pausing nuclear enrichment for at least 12 years, accepting inspections by the United Nations, and easing restrictions on the Strait of Hormuz.

Trump Issues Warning to Iran

In exchange, the U.S. would scale back its blockade on Iranian ports, release billions of dollars of frozen assets, and loosen sanctions.

“If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before,” Trump warned in a Truth Social post.

If both sides accept, a 30-day negotiation window would begin, allowing the two countries to further discuss a complete reopening of Hormuz and the future of Iran’s nuclear program. Iran is expected to provide its response within 48 hours.