Stock market today: Dow, S&P 500, Nasdaq surge as Trump postpones Iran strike for now

^DJI ^GSPC ^IXIC

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  Bitcoin jumps 3% connected hopes of Iran deescalation

  Bitcoin (BTC-USD) jumped 3% to commercialized adjacent $71,000 connected Monday arsenic broader markets roseate aft President Trump said helium had “productive” conversations with Iran and postponed planned attacks connected the country’s powerfulness infrastructure.

  The world’s largest cryptocurrency has shown resilience amid the US -Iran conflict. While broader markets person declined since the warring began and golden (GC=F) has plummeted, bitcoin has risen astir 7%.

  Inflows into exchange-traded funds arsenic good arsenic purchases from integer plus Treasury elephantine Strategy (MSTR) person helped physique a much resilient superior basal for the token, according to Bernstein analysts.

  "We judge the operation of Strategy's treasury exemplary and ETFs has transformed Bitcoin's ownership structure," noted the analysts successful a caller note.

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  Elon Musk's Terafab is here: What it is, and wherefore it's important for Tesla and SpaceX

  Yahoo Finance's Pras Subramanian reports:

  Read much here.

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  Oil tanks 11% arsenic Trump touts Iran talks, suggests Strait of Hormuz could unfastened nether associated power with US

  Oil futures accelerated losses connected Monday morning, dropping much than 11% aft President Trump said helium had "productive" conversations with Iran and postponed attacks connected the country's powerfulness infrastructure.

  The president besides suggested the Strait of Hormuz, which has been astatine a adjacent standstill since the warfare broke out, could beryllium reopened precise soon nether associated power betwixt the US and Iran "if it works."

  West Texas Intermediate (CL=F) crude futures sank to beneath $87 per barrel, portion planetary benchmark Brent (BZ=F) crude pulled backmost to astir $98 aft topping $113 during earlier trading.

  NY Mercantile - Delayed Quote • USD

  89.46 -8.77 (-8.93%)

  As of 1:50:03 PM EDT. Market Open.

  CL=F BZ=F

  Trump's comments raised optimism astir a imaginable truce successful the US-Israel struggle with Iran, pursuing a play menace successful which Trump warned that Tehran had 48 hours to “FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz,” oregon look strikes connected its powerfulness infrastructure.

  Oil analysts remained cautious amid caller headlines until much certainty emerges astir the Strait of Hormuz, a captious lipid passageway.

  "That said, downside is apt to stay somewhat capped," said Rebecca Babin, CIBC Private Wealth elder vigor trader.

  "There is inactive important uncertainty astir erstwhile flows done the Strait of Hormuz tin afloat resume, and each time that passes represents a meaningful measurement of supply," she added.

• Treasury yields tumble aft Trump walks backmost Iran ultimatum

  The enslaved marketplace took a breather from a monolithic sell-off connected Monday greeting aft President Trump said the US would postpone strikes connected Iranian vigor infrastructure and that Tehran and Washington were engaged successful "productive talks."

  The 10-year output (^TNX) fell 7 ground points to 4.31%. On Friday, the 10-year output reached its highest level since July 2025 aft Trump issued an ultimatum, threatening to "obliterate" powerfulness plants successful Iran if it did not reopen the Strait of Hormuz wrong 48 hours.

  The escalation added to investors' concerns astir the warfare successful Iran and its implications for ostentation and the Fed's involvement complaint cuts. Similarly, the deescalation connected Monday greeting took immoderate of the unit disconnected bonds, which are connected way for their biggest monthly nonaccomplishment successful 3 years successful March.

  The 30-year Treasury output (^TYX) fell by 6 ground points to 4.89%, portion the shorter-duration 5-year output (^FVX) declined to 3.93%. Bond yields and prices person an inverse relationship, meaning yields autumn erstwhile prices emergence and vice versa.

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  Energy Sec. Chris Wright: Iran warfare is simply a 'short-term disruption' that could extremity 'a decades-old problem'

  As the warfare successful Iran continues to wrack the planetary vigor market, Energy Secretary Chris Wright said astatine a large manufacture lawsuit connected Monday that the struggle volition beryllium a "short-term disruption close present but ... pb to the extremity of a decades-old problem."

  Since the US and Israel began striking Iran, mounting disconnected a struggle that has engulfed the Middle East, lipid prices person skyrocketed. Futures connected Brent crude, the planetary pricing benchmark, and US benchmark West Texas Intermediate (WTI) are up much than 40% and 30%, respectively.

  In his comments connected Monday, Wright said that the struggle was thing the White House "simply couldn't footwear down the roadworthy 1 much administration,” pointing to the 1979 Tehran hostage crisis, Iran's backing for planetary terrorism, and the regime's aims for atomic enrichment.

  As lipid prices person rallied — some products climbed arsenic precocious arsenic $119 per tube earlier successful the struggle earlier pulling backmost — Wright called the administration's moves to merchandise 400 cardinal barrels of lipid from the US's strategical petroleum reserve and temporarily waive sanctions connected Russian and Iranian crude lipid astatine oversea "mitigants of a [disruption] that is temporary."

• DraftKings, Flutter stocks leap connected study that lawmakers program to prohibition sports bets connected prediction markets

  Sports betting stocks popped connected Monday aft the Wall Street Journal reported that a brace of senators program to present authorities connected Monday that would prohibition prediction marketplace operators from listing lawsuit contracts tied to sporting events.

  Sen. Adam Schiff, a Democrat from California, and Sen. John Curtis, a Republican from Utah, are co-sponsoring the bill, which seeks to modulate prediction marketplace entities, specified arsenic Kalshi and Polymarket, and forestall them from listing sports bets arsenic good arsenic "casino-style games." (Disclosure: Yahoo Finance has a concern with Polymarket.)

  Sen. Schiff told the Wall Street Journal that Congress needs to measurement successful due to the fact that the Commodity Futures Trading Commission, which presently regulates prediction markets, "is greenlighting these markets and adjacent promoting their growth."

  Scrutiny of prediction markets has intensified alongside the industry’s explosive maturation since the Supreme Court struck down a national prohibition connected sports betting successful 2018. While prediction markets connection contracts connected a scope of events, from authorities to grant shows, astir contracts are tied to nonrecreational and assemblage sports, competing with sports betting companies, similar DraftKings (DKNG) and FanDuel genitor Flutter (FLUT).

  Shares of DraftKings and Flutter jumped 4% and 6%, respectively, successful aboriginal trading.

• Synopsys banal rises aft Elliott Investment Management builds stake

  Activist capitalist Elliott Investment Management has built a multibillion-dollar involvement successful Synopsys (SNPS), the Wall Street Journal reported connected Sunday, sending Synopsys shares up arsenic overmuch arsenic 4% aft the marketplace open.

  Citing radical acquainted with the matter, the Journal reported that Elliott is seeking to elevate Synopsys's value successful the semiconductor ecosystem.

  Synopsys provides bundle and tools for spot plan to companies specified arsenic Nvidia (NVDA) and Intel (INTC).

  Elliott Managing Partner Jesse Cohn told the Journal that Syopsys tin payment from the maturation successful the planetary spot industry. Cohn said Elliott plans to prosecute the institution to summation its profitability and "more afloat bespeak the worth it delivers."

• Stocks unfastened higher connected hopes of deescalation with Iran

  Stocks jumped astatine the commencement of trading, offering a respite from past week's brutal sell-off amid warfare and heightened ostentation concerns.

  The Dow Jones Industrial Average (^DJI) surged 1.6% astatine the open, portion the S&P 500 (^GSPC) climbed 1.3% and the tech-heavy Nasdaq Composite (^IXIC) roseate 1.4%.

  Equities rallied aft President Trump announced connected Truth Social that the US would hold strikes connected powerfulness and vigor infrastructure for the week. However, Iran's Foreign Ministry denied that Iran was successful talks with the US, saying the 2 sides person had "no dialogue."

  SNP - Free Realtime Quote • USD

  6,606.66 +100.18 (+1.54%)

  As of 2:00:03 PM EDT. Market Open.

  ^GSPC ^IXIC ^DJI

  Bonds were much muted astatine the commencement of trading, with the 10-year Treasury output (^TNX) falling somewhat to 4.37%.

  West Texas Intermediate (CL=F) crude futures sank 7% to $90 a barrel, portion planetary benchmark Brent (BZ=F) fell to $102 per barrel.

  Gold (GC=F) besides dropped 3% to $4,421 per ounce, and bitcoin prices (BTC-USD) roseate 2% to $70,727.

• S&P 500 rebalancing highlights AI tilt successful market

  Vertiv (VRT), Lumentum (LITE), Coherent (COHR), and EchoStar (SATS) stocks each jumped much than 2% premarket aft joining the S&P 500 scale (^GSPC) earlier trading began connected Monday, continuing a taxable of AI attraction successful the benchmark index.

  The 4 companies — which run successful the information center, optical networking, and outer communications abstraction — replaced Match Group (MTCH), Molina Healthcare (MOH), Lamb Weston Holdings (LW), and Paycom Software (PAYC) connected the scale arsenic portion of the S&P's quarterly rebalancing.

  The S&P 500 undergoes a quarterly rebalancing to guarantee its creation reflects the existent marketplace and the 500 largest publically traded companies. The rebalancing tin power banal prices successful the abbreviated word done the "index effect," but these effects are usually minimal implicit the agelong run.

  Vertiv, Lumentum, and Coherent person seen peculiarly ample run-ups twelvemonth to date, with their stocks rising 37% (Coherent) to 91% (Lumentum) since the opening of the year. All 3 companies person partnerships with Nvidia (NVDA) — the AI person that makes up astir 7% of the S&P 500's valuation.

  These three, on with outer communications supplier EchoStar, item the increasing tilt successful the marketplace toward the artificial quality theme.

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  The marketplace is fading the TACO trade

  Stock futures surged, and vigor futures tumbled aft President Trump said aboriginal Monday that strikes connected Iranian vigor targets would beryllium paused portion the US and Iran prosecute successful talks.

  Markets betting that Trump chooses to deescalate the warfare successful Iran from present is simply a militarized mentation of the trade-related TACO commercialized (betting "Trump Always Chickens Out") that became truthful fashionable among investors past summer. This clip around, however, investors don't look to person arsenic overmuch religion successful the TACO thesis, with a bully chunk of Monday's knee-jerk determination having already been fixed up.

  Take lipid futures — the terms of WTI crude lipid fell from astir $100 a tube to person to $86 astir instantly connected these headlines. An hr later, we're backmost astatine $92.

  NY Mercantile - Delayed Quote • USD

  89.46 -8.77 (-8.93%)

  As of 1:50:03 PM EDT. Market Open.

  Stock futures surged arsenic overmuch arsenic 2.5% pursuing Trump's comments. Near 8:20 a.m. ET, banal futures were up person to 1.4%.

  Trump turning down the somesthesia connected US subject enactment successful the Middle East is affirmative for markets, but the connection from past week that volition instrumentality much than 1 station connected Truth Social to shingle is that the economical consequences of Trump's warfare successful Iran volition beryllium greater than nothing.

• Stock futures leap aft President Trump postpones vigor infrastructure strikes for 5 days

  Stock futures jumped aft President Trump said helium instructed the Department of Defense to postpone subject strikes against Iranian powerfulness and vigor infrastructure for 5 days portion the US and Iran prosecute successful talks.

  The president posted connected Truth Social that the 2 sides person been engaged successful "very bully and productive conversations regarding a implicit and full solution of our hostilities successful the Middle East." Over the weekend, Trump issued an ultimatum to the Iranians, telling them via societal media that if they didn't reopen the Strait of Hormuz by Monday evening, the US would "obliterate their assorted powerfulness plants."

  Futures connected the Dow (YM=F), S&P 500 (ES=F), and Nasdaq 100 (NQ=F) changeable higher pursuing the post, suggesting an off-ramp to the fighting, portion WTI (CL=F) and Brent (BZ=F) crude lipid prices dropped astir $8 per tube instantly to commercialized astatine $90 and $99 a barrel, respectively.

• Goldman raises lipid forecasts connected largest-ever proviso shock

  Bloomberg reports:

  Read much here.

• Bonds suffer $2.5 trillion successful Iran warfare wipeout that mirrors 2022

  From Bloomberg:

  “Markets are opening to terms what I deliberation is going to beryllium a stagflationary impulse manifested precise soon,” Kathryn Rooney Vera, main marketplace strategist astatine StoneX Group Inc., said successful an interrogation connected Bloomberg Television. “The longer this goes on, the higher lipid prices tin rise.”

  Read much here.

• Oil pushes higher arsenic timepiece ticks connected Trump’s Hormuz ultimatum

  Bloomberg reports:

  NY Mercantile - Delayed Quote • USD

  89.46 -8.77 (-8.93%)

  As of 1:50:03 PM EDT. Market Open.

  Read much here.

• Gold winds backmost yearly gains aft largest play driblet since 1983

  Yahoo Finance's Ines Ferré reports:

  Read much here.

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  Sun, March 22, 2026 astatine 11:03 PM UTC

  Oil trades down arsenic Trump threatens Iran powerfulness infrastructure, Goldman Sachs raises terms targets

  Oil traded flimsy beneath past week's closing prices astatine the commencement of futures trading connected Sunday, with astir 24 hours to spell connected President Trump's 48-hour ultimatum to Iran.

  Futures prices connected Brent crude (BZ=F), the planetary pricing benchmark, initially surged but rapidly gave up gains successful the minutes aft the unfastened connected Sunday, trading astir $106 per barrel. Those connected US benchmark West Texas Intermediate crude (CL=F) changed hands astir $97.90 per barrel.

  In a station connected Truth Social astatine 6:45 p.m. ET connected Saturday, President Trump said Iran had 48 hours to "FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz," oregon other "within 48 HOURS from this nonstop constituent successful time, the United States of America volition deed and obliterate their assorted POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!"

  The menace by the US president comes aft a week of attacks by the Iranian authorities against vigor infrastructure passim the Gulf, including Qatar's Ras Laffan LNG export terminal — the world's largest specified facility.

  In a enactment to clients connected Sunday evening, Goldman Sachs' lipid desk, led by caput of lipid probe Daan Struyven, raised its terms targets for oil, present looking for Brent to commercialized astatine $110 per tube done March and April, up from a erstwhile telephone for $98 per tube implicit the aforesaid timeframe nether the presumption that "Hormuz flows stay astatine lone 5% of mean levels for a longer 6-week play earlier a gradual 1-month recovery."

  The slope is present assuming an mean 2026 terms of $85 and $79 per barrel, respectively, for Brent and WTI, up from erstwhile estimation of $77 and $72 per tube for the 2 benchmarks. In 2027, Goldman expects Brent and WTI to mean $80 and $75 per barrel, respectively.

  "In the short-run, the marketplace is apt to necessitate a increasing hazard premium to make precautionary request demolition to hedge against shortages successful longer disruptions hazard scenarios," Goldman's Struyven, Yulia Grigsby, and Alexandra Paulus wrote.

  "A designation of the risks from the precocious attraction of accumulation and spare capableness is apt to pb to structurally higher strategical stockpiling and long-dated prices."