economy
April 6, 2026
Global Stock Markets: Wall Street Rebounds as War's End is Anticipated
For the first time since mid-February, the American stock market rose on a weekly basis after signals of a potential imminent end to the war in Iran overshadowed persistent geopolitical tensions. The S&P 500 index recovered 3.4 percent during the week, while technology stocks, measured by the Nasdaq index, gained 4.4 percent.
TL;DR
- US stock market achieved its first weekly gain since mid-February, with the S&P 500 up 3.4% and Nasdaq up 4.4%.
- Signs of a potential early end to the Iran conflict reduced market uncertainty.
- Crude oil prices reached their highest levels since the conflict began.
- President Trump issued an ultimatum to Iran regarding the Strait of Hormuz.
- US economy added 178,000 jobs in March, exceeding expectations, but the labor force participation rate fell to its lowest since November 2021.
- The Federal Reserve is unlikely to cut interest rates due to the ongoing conflict and high oil prices.
- Nike's stock dropped over 16% after its financial results disappointed investors.