Stock Market Today: Dow, S&P Rally Amid Optimism Over Middle East Conflict, Oil Prices Dip
April 1, 2026 — U.S. stock markets showed gains on Wednesday as growing optimism surrounding the potential resolution of the Middle East conflict helped buoy investor sentiment. The S&P 500 rose 0.7%, extending the rally from the previous trading session, while Brent crude oil prices briefly dipped below $100 a barrel.
The upbeat market mood was largely influenced by remarks from former President Donald Trump about the trajectory of the ongoing war in the region. On Wednesday, Trump stated that he would only consider halting attacks on Iran once the strategically critical Strait of Hormuz is reopened. Earlier in the week, on Tuesday, he had predicted that the United States could conclude the conflict within two to three weeks, a forecast that sparked a notable sharp rally in stocks.
In addition to equities, U.S. Treasury yields exhibited some volatility, reflecting ongoing uncertainty among investors. Meanwhile, the U.S. dollar declined for a second consecutive day, signaling a softer outlook amid improving risk appetite.
Oil markets reacted cautiously, with Brent crude easing under the $100 threshold briefly as hopes for a peaceful settlement weighed on prices that had previously surged amid supply concerns stemming from the conflict.
Market participants continue to closely monitor geopolitical developments, corporate earnings, and economic data as they navigate an environment shaped by both hope for peace and underlying global uncertainties.
— Bloomberg News