Financial Markets Wall Street
The New York Stock Exchange is seen in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)
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Relief is ripping through financial markets after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices are falling sharply Monday, and U.S. stocks are jumping following severe losses elsewhere in the world before Trump’s announcement. The S&P 500 leaped 2% and was flirting with its best day since last summer. The Dow Jones Industrial Average rose as many as 1,134 points before paring its gain to 1,032, and the Nasdaq composite jumped 2.3%. Oil prices sank roughly 12%, but they had been down more before Iran denied having negotiations with the United States.
