Markets rebound as Trump hints Iran conflict may be nearing end and oil retreats
TL;DR
Stocks finished higher across the Dow, S&P 500 and Nasdaq after an intraday reversal sparked by President Trump’s remarks that the Iran war may be nearing an end; oil had surged earlier but faded as G-7 discussions about emergency reserves soothed prices, with investors hopeful the Middle East conflict could be winding down.
- Stock Market Today: Dow, S&P 500 pare losses, while Nasdaq wavers in and out of positive territory, as latest oil price spike fades MarketWatch
- Dow closes wild session up 200 points as oil reverses lower and Trump signals Iran war near an end: Live updates CNBC
- JPMorgan says the S&P 500 could tumble 10% into a correction if the Iran war rages on Yahoo
- Iran war: Stock markets shudder worldwide after oil prices briefly spike to nearly $120 per barrel 6abc Philadelphia
- Wall St slips as crude price surge fuels inflation fears, tech bounces back Reuters
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