Markets staged a 660-point intraday swing as Trump called the conflict "very complete," erasing steep morning losses driven by oil's brief breach of $100/barrel.
Markets staged a 660-point intraday swing as Trump called the Iran conflict "very complete," sending the S&P 500 up 0.83% from a session low of -0.9%.
Brent crude topped $100/barrel for the first time since 2022. Dow futures plunged 900 points and the Nikkei fell 6.1% as the Iran conflict entered its tenth day.
The Dow posted a 3% weekly loss — its worst since April 2025 — as WTI surged 35% to $90/bbl on Iran war escalation and February payrolls shed 92,000 jobs.
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