Dow opens at intraday record as investors cheer Iran deal talks

The Dow reached an intraday record as investors reacted positively to US-Iran peace deal talks. This diplomatic progress, which opens the Strait of Hormuz, has boosted general equities while causing oil prices to fall. Consequently, energy stocks may experience a decline. Meanwhile, the role of Bitcoin as a macro asset introduces new complexities for portfolio diversification. Market optimism remains high following these developments, reflecting a shift in global geopolitical tensions and financial asset performance.