Dow jumps 300 points as oil drops following a restrained retaliation by Iran to U.S. attacks | 23 June 2025 | 3:05 p.m. EDT: Stocks rose and crude prices tumbled Monday as investors breathed a sigh of relief that Iran’s response to the U.S. attacks over the weekend was more restrained than expected. The Dow Jones Industrial Average added 318 points, or 0.7%. The S&P 500 gained 0.7%, while the Nasdaq Composite climbed 0.8%. Iran’s armed forces said Monday they attacked an American base in Qatar following they U.S. destroying Iranian nuclear sites in Fordo, Isfahan and Natanz over the weekend. The response, however, was intercepted by Qatar and no casualties were reported. This led to a sell-off in oil prices as traders bet crude supply wouldn’t be materially disrupted by the ongoing conflict.