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Dow jumps after Trump delays Iran ultimatum

The stock market is responding favorably after President Trump said Monday morning that he would postpone his ultimatum for Iran to reopen the Strait of Hormuz. Mr. Trump had previously threatened to "obliterate" Iran's power plants if the strait wasn't reopened by Monday evening. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss the markets.
Mar 23 (02:10)
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