Stocks Surge on Iran Tension Hopes

0:00On March 31st, stocks made a strong comeback. Tuesday, writing high on hopes that the U.S. Iran tensions might finally ease up. The Dow Jones shot up 900 points, or 2.29 percent, by 144 p.m. eastern time, after touching over 1,100 intraday. S&P 500 climbed the same 2.29 percent, and NASDAQ surged 3.24 percent, or 622 points. Fresh reports sparked the buzz, like word that Iran's president Masood Pizeshkin could be open to calling it quits under the right terms. Trump chimed in, too, saying he pawstrikes even if the straight-of-war moves days partly blocked, and he figures the whole thing raps soon with other. Countries pitching in to clear the shipping lane. Tech shares bounced hardest after getting hammered by the conflict news. Nvidia jumped more than 3 percent, Microsoft over 1 percent, pulling the whole sector up nearly 2 percent. Traders see this as pure relief, but pros warn any lingering oil snags could flip the

1:01script quick. Folks on Wall Street breathe easier, though the vibe stays cautious with big picture losses still weighing heavy. NASDAQ's deep and correction mode, down over 10 percent from its peak, while Dow and S&P 500 sit 8 and 7 percent lower. March has been brutal for stocks overall, with S&P 500 off more than 5 percent, and eyeing its worst month since 2022. Keep watching those diplomatic signals. They're the real market movers right now. National News, powered by AI. This is US News Today. I'm Corey with The Story.