Wall Street Surges as Geopolitical Relief and Falling Oil Prices Fuel Major Rebound

U.S. equity markets experienced a massive relief rally on Monday, March 23, 2026, as investors reacted to a sudden de-escalation in Middle Eastern geopolitical tensions. The major indexes clawed back significant ground following a turbulent month, driven by a sharp decline in energy costs and renewed optimism regarding global trade stability. The surge was ignited by a diplomatic pivot from the White House, which provided a much-needed "diplomacy discount" to a market that had been pricing in a "total war" ...