The Dow surges more than 1,100 points as Wall Street soars to its best day since last spring
Investors bet a shorter conflict could ease oil prices and inflation worries as the S&P 500 jumped 2.9% and the Dow rose 2.5%, analysts said.
- On Tuesday, U.S. stocks recorded their best session of the year, with the Dow Jones Industrial Average soaring 1,125 points after President Donald Trump signaled willingness to end the military campaign against Iran.
- The five-week conflict disrupted energy supplies and pushed oil prices higher, stoking inflation concerns that left major U.S. indexes on track for their worst quarterly performance since 2022 before Tuesday's reversal.
- Equities leaped as the S&P 500 gained 2.9% and the Nasdaq composite rallied 3.8%, while Brent crude oil prices fell 3.2% to settle at $103.97 per barrel, easing fuel-cost pressure.
- Iranian President Masoud Pezeshkian stated the Islamic Republic has 'the necessary will to end the war,' provided specific requirements are met, including guarantees to prevent a recurrence of aggression.
- Reopening the Strait of Hormuz remains critical, as analysts warn that supply disruptions may continue until shipping routes fully reopen, keeping markets cautious despite the recent optimism.
193 Articles
193 Articles
Crude oil prices are seeing a sharp rise, surpassing $105 per barrel, while Asian stock markets have seen a sharp decline.
Stocks slide, dollar firms, oil climbs after Trump escalates Iran war rhetoric
Oil prices surged past $105 a barrel while global equities retreated after Donald Trump signalled a potential escalation in the Iran conflict, unsettling investors and raising fresh concerns over energy supply disruptions
The Epoch Times
America First ReportOil Falls, Stocks Jump on Renewed Hopes of Iran War Ending
Oil prices dropped and stocks around the world rallied on April 1 on renewed hopes of a quick end to the Middle East war after U.S. President Donald Trump said the United States could be leaving Iran in two to three weeks, with or without a deal. The front-month Brent contract for June fell $1.06, or 1 percent, to $102.91 per barrel at about 7 a.m. ET, having dropped to a session low of $98.35. U.S. West Texas Intermediate crude futures for May …
This Wednesday, Asian markets registered a strong upturn, driven by the optimism generated by President Trump's statements that the U.S. could end its participation in the war with Iran in "two or three weeks." Read more
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