If Iran war sends oil prices up 100%, here's what history says will happen to the stock market

Short-term pain followed by some gain down the line — that's how history has handled significant oil price shocks, according to new data pulled from JPMorgan. Going back to 1974, in periods where oil prices have spiked more than 100%, the median performance of the S&P 500 (^GSPC) has been higher one month, three months, six months, and one year following the surge in crude (BZ=F) (chart below). The S&P 500 has a median gain of 6% during the oil price spike period. But don't get too warm and fuzzy, JPMo ...