TLDRDJT stock rose 6% and traded at $9.15 during Monday’s session.President Donald Trump said the United States held productive talks with Iran over two days.The Dow Jones Industrial Average gained 1,117 points, or 2.4%, after the announcement.The Nasdaq Composite advanced 2.4% as markets reacted to the headlines.The S&P 500 recorded a $3 trillion market value swing within one hour.Trump Media & Technology Group Corp. shares climbed on Monday after President Donald Trump announced progress in talks with Iran. The rally followed a broader U.S. stock market surge that lifted major indexes. DJT stock gained 6% and traded at $9.15 during morning activity.The advance tracked gains across Wall Street as traders responded to headlines from Washington. President Trump said the United States held productive discussions with Iran over two days. His comments triggered swift moves across equity markets and lifted risk sentiment.DJT Stock Jumps as Markets React to Iran DevelopmentsDJT stock rose 6% on March 23 and reached $9.15 in early trading. The Florida-based media company moved in line with major U.S. indexes. However, the stock remains down 30% year-to-date.Trump Media & Technology Group Corp., DJTThe Dow Jones Industrial Average jumped 1,117 points, or 2.4%, during the session. At the same time, the Nasdaq Composite also advanced 2.4%. The rebound followed a week when both indexes fell about 2%.President Trump addressed the situation on Truth Social early Monday.He wrote that the United States and Iran held “very good and productive conversations” over two days. He added that the talks aimed at “a complete and total resolution of our hostilities in the Middle East.”His statement lifted equity markets within minutes of publication. However, Iran later denied that officials held any contact with Washington. That denial led to rapid market swings during the same hour.Trump Comments Trigger $3 Trillion S&P 500 SwingThe S&P 500 Index recorded a market capitalization swing of about $3 trillion within one hour. The move followed Iran’s response that rejected claims of direct talks. Markets reacted quickly to both the president’s statement and Tehran’s denial.Art Hogan, chief market strategist at B. Riley Wealth Management, spoke with CNBC about the rally.He said, “The market has been desperate for any good news.” He added that the update appeared to be “the best news we can expect.”Equities had declined sharply in the prior week before Monday’s rebound. The Dow and Nasdaq both posted losses of roughly 2% during that period. Monday’s gains reversed part of those declines across major benchmarks.Trump Media & Technology Group Corp., listed under the ticker DJT on Nasdaq, moved alongside the broader market. The company operates Truth Social, the platform where the president shared his statement. Shares traded at $9.15 at the time of reporting and reflected the 6% daily gain.The post DJT Stock Jumps 6% After Trump Signals Iran Progress appeared first on Blockonomi.