Donald Trump's Assurance Potentially Ignites 800-Point Wall Street Rally

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Trump's Gulf Security Pledge Triggers 800-Point Wall Street Recovery

More To Come | US President Donald Trump told CNN in a nine minute telephone interview that the biggest wave of attacks on Iran is yet to come. He also said that the operations could go beyond the earlier projected four to five weeks. “We’re already substantially ahead of our time projections. But whatever the time is, [it’s] OK, whatever it takes,” Trump said at the White House.

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CNBC TV18•04-03-2026, 04:44

Trump's Gulf Security Pledge Triggers 800-Point Wall Street Recovery

•Wall Street indices recovered significantly from day's lows, with Dow Jones gaining 800 points, despite ending with overall losses.
•US President Donald Trump's guarantee on maritime trade security in the Gulf is credited for the market rebound.
•Trump pledged DFC risk insurance and US Navy escorts for tankers through the Strait of Hormuz amid IRGC threats.
•Gold and Silver prices saw a sharp sell-off due to a rising US Dollar, hardening bond yields, and reduced Fed rate cut hopes.
•Traders are now pricing in only one 25 bps rate cut this year, forcing bullion sales to cover margin calls.

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