
Stocks Rise on War Hope, Oil Dips
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Stocks surge on war hopes, oil prices ease; Arm Holdings, Robinhood lead gains
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Vancouver News Today | 2 Min News | The Daily News Now! — Stocks Rise on War Hope, Oil Dips. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's March 25th, welcome to Vancouver News today, powered by AI. Wall Street Stocks climbed today on fresh hopes for pausing the war with Iran. The S&P 500 rose 0.8%, the Dow Jones industrial average gained 323 points or 0.7%, percent by 10.30 a.m., eastern time, and the NASDAQ composite jumped 1.3%. Iran rejected the United States' 15-point ceasefire plan according to state media and kept up attacks on Israel and Gulf nations, including one. That caused a big fire at Kuwait International Airport. The U.S. is sending more pair of troopers and Marines to the area, adding to the tension. Global markets share the optimism anyway, with indexes up over 1% from London to Shanghai and Tokyo's, Nikkei soaring 2.9%, oil prices eased 4.3%, with Brent crude dipping below $96 a barrel, as fighting my cool and free up shipments. Stuck near the strait of Hormuz, Treasury yields fell a bit to 4.33% on the 10-year note,
which could ease mortgage rates and help the economy. Gold rose 3.5% above $4,556, while airlines like United and cruise lines such as Norwegian gained on cheaper fuel. Things like armholding surged 15.2% on new AI chips, and Robinhood climbed 7.3% after a stock buyback. Plan. A few dip, though, including on holding down 6.8% on a CEO exit and Hong Kong's pop mark of 22.5%, despite strong earnings, markets stay volatile, but lean positive for now.
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