Dow Jones

Dow surges 1,300 points —largest single-day gain since last April —on US-Iran ceasefire agreement. Rally reflects removal of geopolitical risk premium. Broad-based advance across technology, financial, and consumer sectors.

The S&P 500 closed out its worst quarter in four years, declining roughly 7% in Q1 2026 as the Iran conflict and Hormuz blockade rattled markets for the third consecutive month. Oil prices above $100/barrel and stagflation fears dominated despite a brief Tuesday rally on de-escalation hopes.

Wall Street has closed its fifth consecutive losing week, the longest sustained decline since the Iran war began, as the Dow, S&P 500, and Nasdaq all hit year lows amid mounting inflation concerns.