US Edition
Wall 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.
12 Articles
12 Articles
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.
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.
Wall Street Surges Amid Middle Eastern Conflict and Oil Sanctions Speculations
Wall Street indexes recovered from early losses to close higher after President Trump hinted at a possible resolution to the U.S.-Israeli conflict with Iran. Despite escalating tensions, stock investors saw opportunities, especially in tech, while energy sanctions loom large over market stability.
The US Stock Exchange, Wall Street, has closed in positive after the words of US President Donald Trump about the near end of the war in Iran.The three main indices have ended the day in green after the red day began after the increase in the price of oil after the closure of the Strait of Ormuz by Iran.At the close of the New York Park, the Dow Jones earned 239 points, up to 47,740 integers; the selective S&P 500 rose by 0.83%, up to 6,795 unit…
Coverage Details
Bias Distribution
- 43% of the sources are Center, 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
