US Stock Market Soars: Nasdaq Up 3%, S&P 2% as Peace Signals Boost Investor Confidence
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US Stocks Soar on Peace Hopes: Nasdaq Jumps 3%, S&P 2% Amid Iran Talks Buzz
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News18•31-03-2026, 23:53
US Stocks Soar on Peace Hopes: Nasdaq Jumps 3%, S&P 2% Amid Iran Talks Buzz
•US stock market rallied significantly on Tuesday, with Dow Jones up 2.1%, S&P 500 gaining 2.39%, and Nasdaq Composite increasing 3.45%.
•The rally was driven by unconfirmed reports of potential talks between the US and Iranian President Masoud Pezeshkian, signaling hopes for de-escalation.
•Crude oil prices saw a decline, with Brent crude falling to around $104 and US crude (WTI) near $100, though still high.
•March has been a volatile month for Wall Street due to war and oil price surges, pushing markets into correction zones and reigniting inflation concerns.
•Market direction remains tied to developments in the Middle East and oil prices, with Brent crude still above $100 per barrel.
