US EditionUS Stocks Rally and Return to Where They Were Before the US-Iran War
The S&P 500 returned to its pre-attack level as oil prices eased and Goldman Sachs reported $5.63 billion in quarterly profit.
- On Monday, Wall Street stocks rallied and recovered losses from the United States-Iran conflict, with the Nasdaq composite climbing 1.2% as investors hope the global economy can avoid a worst-case scenario.
- President Donald Trump announced a blockade of the Strait of Hormuz after weekend ceasefire talks failed, aiming to prevent Iran from selling oil and keeping prices above $100 per barrel.
- Sandisk jumped 11.8% after learning it will replace Atlassian Corporation in the Nasdaq, while Goldman Sachs, the investment bank, reported $5.63 billion in quarterly profit exceeding expectations.
- Later this week, Citigroup, JPMorgan Chase, and Wells Fargo will report earnings, with corporate profit trends generally driving stock prices over the long term and potentially offsetting war-related concerns.
- Speaking outside the Oval Office on Monday, President Donald Trump suggested the United States is still willing to engage with Iran, encouraging markets that both sides are talking and a ceasefire appears to be holding.
35 Articles
35 Articles
Wall Street Is Calling a Bottom on the Iran War Cycle. Is It Time To Buy?
Key PointsThe S&P 500 has recouped nearly all of its losses from the war in Iran.Top Wall Street forecasters are saying the bottom is in.The stock market still faces risks beyond the war. 10 stocks we like better than S&P 500 Index › On a day when President Trump announced a blockade of the Strait of Hormuz in response to failed negotiations for a peace agreement, stocks surprisingly charged higher with the S&P 500 (SNPINDEX: ^GSPC) gaining 1%. …
Wall Street is the biggest winner of the Iran war—and the S&P 500 just turned positive for the year
Markets opened down nearly 1% across the indexes on Monday, but news-aggregating accounts online and on social media picked up a report by New York Post Pentagon reporter Caitlin Doornbos. At 7:46 a.m. Monday, Doornbos had posted on X that Iranian officials were still considering a U.S. proposal to end the war, “centering around uranium enrichment.”“One thing affecting why Iran couldn’t make a deal while U.S. was in Islamabad … Iranians could no…
US stocks rally, return to where they were before the US-Iran war
NEW YORK, United States — US stocks rallied Monday and recovered the last of their losses caused so far by the U.S.-Iran war, as Wall Street remains hopeful that the global economy can still avoid a worst-case scenario. The S&P 500 rose 1 percent and is back to where it was before the United States and Israel attacked Iran in late February, just 1.3 percent below its all-time high set early this year. The Dow Jones Industrial Average added 301 p…
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