Wall Street opens higher on the US-Iran pause; the Dow gains 226 points as airline stocks lead

The main US stock indexes opened higher on Monday, 27 July 2026 (5 Mordad 1405). According to Reuters, at the opening bell the Dow Jones Industrial Average rose 226.2 points, or 0.44 percent, the S&P 500 gained 52.2 points, or 0.70 percent, and the Nasdaq Composite climbed 260.4 points, or 1.04 percent, with the Nasdaq reaching 25,236. The main driver was the pause in strikes between the United States and Iran over the weekend, which lifted risk appetite ahead of a week heavy with quarterly earnings and the Federal Reserve's interest rate decision.

A 6.3 percent slide in Brent crude to $90.60 a barrel weighed on energy shares, with Occidental Petroleum down 3.8 percent and Exxon Mobil down 2.6 percent. Stocks sensitive to fuel costs moved the other way: Delta rose 2.6 percent and American Airlines 3 percent, while cruise operators Royal Caribbean and Carnival each gained 3.2 percent.

Later in the session most of that advance was offset by a slide in chipmaker shares, and the S&P 500 gave back part of its early gain; trading was still under way at the time of publication. The Federal Open Market Committee meets on 6 and 7 Mordad.