Market Rally Boosts Stocks: GE Vernova, Applied Industrial, MYR Group, and Others Soar Amid Trump Administration's Iran Talks Postponement
ByAinvest
Monday, Mar 23, 2026 11:50 pm ET1min read
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GE Vernova, Applied Industrial, MYR Group, Advanced Drainage, and Kadant shares surged after the Trump administration postponed military action against Iran following "very good and productive" talks. The Dow Jones Industrial Average responded with a significant jump, benefiting cyclical sectors such as industrials. The stocks jumped 4.2%, 4.8%, 6%, 5.9%, and 6.3%, respectively. Analysts believe the market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
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