Original Source
US Stocks Rebound, Oil Falls After Trump Postpones Iran Strikes
US Stock Market Recovers Significantly
On Monday, March 23, 2026, US stock indexes staged a sharp recovery, with the Dow Industrials, S&P 500, and NASDAQ all gaining more than 1%. The small-cap Russell 2000 rose more than 2%, signaling a bounce back from its correction territory confirmed last Friday. This market rebound was primarily attributed to easing geopolitical tensions and a decline in oil prices.
Trump's Decision on Iran Boosts Market Confidence
Stock futures, initially trading lower, turned positive after President Donald Trump announced he had postponed military strikes on Iranian power plants, citing 'productive conversations' with Tehran. This news eased concerns about potential escalation in the Middle East, contributing to market stability. However, Iran's Parliament Speaker refuted Trump's claims on social media, stating no negotiations had taken place with the US.
Oil Prices Fall and Key Stock Movements
Oil prices settled down more than 10%, and all S&P 500's 11 major industry sectors advanced. Among individual movers, Synopsys shares gained nearly 3% after Reuters reported that activist investor Elliott Investment Management had amassed a multi-billion dollar stake in the electronic design automation firm. Super Micro Computer shares recovered by 5% after tumbling 33% on Friday. This followed US prosecutors charging three people linked to the AI server maker, including its co-founder, with helping to smuggle billions of dollars worth of AI technology into China. Shares of Estee Lauder dropped nearly 8% after the beauty firm announced it is in talks to potentially merge with Barcelona-based beauty group Puig.
*Source: YouTube: Reuters (2026-03-24)*
