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Wall Street jolts higher and recovers some of its wartime losses

On Tuesday, U.S. stocks surged as oil prices eased, with the S&P 500 leaping 2.3% and the Dow Jones Industrial Average climbing 1.9%, recovering from losses tied to the Iran conflict.
Tensions in the Strait of Hormuz and persistent Persian Gulf war worries pushed oil prices as high as $119, fueling inflation in Europe and pressuring profit margins across sectors.
Nvidia climbed 4.8% and Marvell Technology jumped 11.4% after Nvidia invested $2 billion in Marvell; separately, Centessa Pharmaceuticals soared 44.9% following Eli Lilly's acquisition announcement.
Following better-than-expected economic reports, the 10-year Treasury yield fell to 4.30% from 4.35% late Monday, easing borrowing costs for households and businesses across the economy.
President Donald Trump urged the United Kingdom and allies to secure the Strait while threatening the "obliteration" of Iranian power plants, leaving markets uncertain about the conflict's duration and oil supply impact.

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The Washington Post

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Lean Left

The Dow surges more than 1,100 points as Wall Street soars to its best day since last spring

U.S. stocks surged to their best day since last spring as doubt swung back to hope on Wall Street about a possible end to the war with Iran

17 hours ago

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Seeking Alpha

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Wall Street jolts higher and recovers some of its wartime losses (2026-03-31)

—U.S. stocks are jolting higher Tuesday and recovering a chunk of their losses because of the war with Iran. Oil prices have been dictating the U.S. stock market’ s sharp swings since the war began, with Brent shooting from roughly $70 per barrel to as high as $119 at times. Analysts said optimism entered markets overnight following a report from The Wall Street...

17 hours ago·United States

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