All three major indexes posted their first weekly gain since late February, snapping the longest losing streak since 2022, even as WTI crude surged 11% to $111.54 on Trump's "Stone Ages" Iran threat.
S&P 500 +3.4%, Nasdaq +4.4% for the week — the best gains since November — even as WTI crude surged 11% to $111.54 on Trump's threat to hit Iran "extremely hard."
The S&P 500 surged 2.91% and the Dow added 1,125 points on March 31 — the best session since May 2025 — as Iran exit signals from the White House ignited a broad relief rally.
The Dow and Nasdaq crossed into official correction territory Friday. Trump's threat to seize Iran's Kharg Island sent Brent crude above $115 as Q2 opened.
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