Market-Moving News for March 23rd

On March 23rd, SPY reported a 2% increase following President Trump's announcement of productive talks with Iran aimed at resolving Middle East hostilities and a temporary pause on military strikes against Iranian energy infrastructure. FLUT shares rose by 10% as sports betting-related companies reacted to news of a proposed bill by U.S. Senators that would ban certain wagers on sporting events. Additionally, UGRO saw a significant 58% increase after Innovative Production Group completed an all-stock merger with Flash Sports, enhancing its portfolio of T20 league commercial rights.