US stocks opened sharply higher on Monday after President Donald Trump said the United States and Iran would meet in Doha on Tuesday, easing some concerns after a weekend of renewed military strikes and threats.
The market rally added about $760 billion in value to US equities, according to the provided market update. The Nasdaq 100 rose 1.3%, while broader indexes also gained as traders reacted to the possibility that talks between Washington and Tehran may continue despite recent pressure on the ceasefire.
Source: X
Trump wrote that Iran had requested a meeting and that it would take place in Doha. Iran has not confirmed that talks are scheduled, while an Iranian official said earlier that technical talks were not planned for this week.
US Stocks Rise on Fresh Iran Talks
The US stock market moved higher as investors assessed the chance of renewed diplomacy between Washington and Tehran. The S&P 500 rose 0.80% to 7,412, while the Nasdaq Composite gained 1.21% to 25,628.58.
The Dow Jones Industrial Average rose 1.31% to 52,147.08, adding more than 270 points. Technology shares led the rebound, helping major indexes recover after a recent losing streak.
Source: X
The move followed Trump’s statement that US and Iranian officials would meet in Qatar. White House spokeswoman Karoline Leavitt said special envoy Steve Witkoff and Jared Kushner would travel to Doha for high-level meetings linked to the memorandum of understanding.
Leavitt also said technical talks would take place on the sidelines of the high-level negotiations. Iran, however, has not confirmed the meeting, leaving some uncertainty around the timing and format of the discussions.
Iran Has Not Confirmed Doha Meeting
Trump’s statement came less than two hours after Iranian Deputy Foreign Minister Kazem Gharibabadi said technical talks over the memorandum were not planned for this week. His comments created doubt over whether the meeting had been formally agreed.
Gharibabadi said consultations with Qatar were continuing, including discussions on the other side’s commitments. However, he said media reports about technical working-group talks in Doha could not be confirmed.
The difference between the US and Iranian statements may reflect changing talks through Qatar or separate views on the level of the meeting. For now, Washington says talks are set for Tuesday, while Tehran has not issued matching confirmation.
The talks are expected to center on the memorandum of understanding between the US and Iran. The agreement followed recent conflict and is tied to ceasefire terms, sanctions issues, maritime traffic, and wider regional security concerns.
Strait of Hormuz Remains in Focus
The Strait of Hormuz remains a key point for markets because of its role in global energy shipping. Marine traffic through the strait has modestly increased over the past 36 hours, according to ship tracking data cited in the report.
More vessels are also using a route close to the Omani coast. That shift may reduce Iran’s leverage over the waterway, although Tehran has said it will retain control of the Strait of Hormuz.
Oil prices had already reacted to the ceasefire and earlier signs that the strait could reopen. Any fresh talks in Doha could affect energy prices, shipping risk, and market sentiment toward risk assets.
Fighting between Hezbollah and Israel continued in Lebanon over the weekend despite the recent agreement. Iran has demanded a full withdrawal of Israeli forces from Lebanon as part of a final arrangement with Washington.