US EditionWall St Ends Higher as Hopes of Iran War Resolution Offset Inflation Fears
Major U.S. stock indexes rebounded with the S&P 500 up 0.83% after Trump indicated the Iran conflict might end soon, easing investor uncertainty amid volatile oil prices.
- On Monday, Wall Street stocks rebounded after President Donald Trump suggested the U.S.-Israeli war on Iran could be close to ending, with the S&P 500 up 56 and the Nasdaq rising 308.
- Amid recent weeks, Iran's choice of Mojtaba Khamenei dimmed de-escalation hopes, while Sam Stovall said, 'There is still an awful lot of uncertainty out there regarding the duration of the conflict, as well as the duration of the closure of the Strait of Hormuz.'
- The Dow rose 239 while oil prices soared as much as 29 percent early Monday, then closed up about 7 percent, amid supply cuts by Saudi Arabia and OPEC.
- CME's FedWatch tool shows markets expect the Federal Reserve to keep rates steady through the first half, while Robert Pavlik warned that 'that weak employment report along with rising energy prices... speaks to potential stagflation' amid key data due later this week.
- Recent headline-driven swings have added volatility in recent weeks, with crude prices retreating after the Trump administration considered easing Russia oil sanctions.
25 Articles
25 Articles
Actions on Wall Street are recovering on Tuesday March 10 after President Donald Trump assured that the war in Iran is ‘practically over’, this on the 11th day of the armed conflict. Nasdaq rises 0.49 percent to 22 thousand 829 points; the Dow Jones gains 0.43 percent, that is, 200 points, while the S&P 500 increases 47 thousand 969 units. “We foresee a relatively quiet day at first, as statements by President Trump suggested the possibility of …
Frankfurt Stock Exchange jumps by about 2.5% • The South Korean stock exchange jumped by over 5%, the Tokyo stock exchange by about 3% • Wall Street made an amazing comeback yesterday, after Trump said that the end of the war is near • Oil prices collapsed after recording the biggest intraday jump in several decades • Wall Street futures rise • Bitcoin recovers back above the $70,000 mark
The KOSPI gained 4% on hopes of an end to the Iranian conflict, with foreign buyers gaining 4%. Following U.S. President Donald Trump's remarks suggesting a possible end to the Iranian crisis, the Korean stock market rebounded after a single day and continued its upward trend. As of 12:09 p.m. today, the KOSPI index rose 256.27 points, or 4.88%, to 550.
Times of India
The Economic TimesUS Stock Market | Wall Street ends higher as hopes of Iran war resolution offset inflation fears
Wall Street stocks rebounded sharply in late trading Monday, reversing earlier losses after President Trump indicated the U.S.-Iran conflict might be nearing an end. This late surge followed a volatile session driven by oil price fluctuations and concerns over potential stagflation, with tech shares leading the gains.
Iran war revives stagflation fears
The Iran war is reviving fears of stagflation — high inflation coupled with sluggish growth — for the global economy. Investors “have had to increase their probability of the worst-case scenario,” a portfolio manager said, as rising oil prices trigger an energy shock and risk blunting growth momentum. The concerns caused government bond yields globally to soar. The conflict poses a challenge for central banks, which could risk fueling inflation …
The Post and Courier
Wall St ends higher as hopes of Iran war resolution offset inflation fears
NEW YORK — Wall Street stocks clawed their way back from a steep selloff to close higher on March 9, notching a final-hour rebound after President Donald Trump suggested that the U.S.-Israeli war on Iran could be close to ending.
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