Stock market today: Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on
Yahoo Finance·2026-03-24 15:06

Market Overview - US stocks showed mixed performance with the Dow Jones Industrial Average rising by 0.1%, while the S&P 500 and Nasdaq Composite fell by approximately 0.1% and 0.4% respectively, following a previous sharp rebound driven by optimism regarding US-Iran relations [1] Oil Market - Oil prices initially fell sharply due to the potential easing of hostilities but later rebounded as conflicts continued, with West Texas Intermediate crude rising by 4% to above $90 per barrel and Brent crude jumping back above $103 [2] Political Developments - Positive market sentiment was influenced by President Trump's announcement of "very good and productive" discussions with Iran, although this was later contradicted by Iranian state media, which stated that no direct negotiations had occurred [3] - Tensions escalated over the weekend, with Trump warning of potential strikes on Iranian energy infrastructure if the Strait of Hormuz was not opened, while Iran threatened US assets, raising concerns about further conflict [4] Upcoming Economic Indicators - Investors are focusing on upcoming US manufacturing data set to be released on Tuesday morning, as well as the conclusion of the earnings season, with GameStop expected to report after market close [4]

Stock market today: Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on - Reportify