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Markets Score 85 Bullish

Stocks Rise, Oil Prices Drop Amid War-End Optimism

Mar 31, 2026 22:28 UTC
^GSPC, CL=F, ^VIX
Immediate term

Equity markets climbed while oil prices fell as investors bet on a potential end to the Middle East conflict. The S&P 500 gained 0.6% following remarks from President Donald Trump.

  • Equity markets climbed as optimism grew about a potential end to the Middle East conflict.
  • The S&P 500 gained 0.6% following President Trump's remarks on ending the war with Iran within two to three weeks.
  • Brent crude briefly fell below $100 a barrel amid reduced geopolitical tensions.
  • The dollar declined for the second consecutive day, while Treasuries edged lower.
  • Defense stocks faced uncertainty as ceasefire prospects raised questions about future military contracts.
  • Investors are closely monitoring diplomatic developments and political statements for market guidance.

Equity markets opened higher on Monday as optimism grew that the war in the Middle East is nearing a conclusion, pushing Brent crude briefly below $100 a barrel. The S&P 500 rose 0.6% after its largest daily gain in May, fueled by comments from President Donald Trump on Tuesday that he anticipated the US ending the war with Iran within two to three weeks. Trump further stated on Wednesday that Iran has requested a ceasefire, which he would consider once the Strait of Hormuz is 'open, free, and clear,' as reported on Truth Social. Treasuries saw slight declines as yields edged upward, while the dollar continued its downward trend for the second consecutive day. The energy sector faced downward pressure as investors anticipated reduced geopolitical tensions lowering demand for oil. Defense stocks, however, remained under scrutiny as the prospect of a ceasefire raised questions about future military contracts. The market's reaction underscores the significant influence of geopolitical developments on financial and commodity markets, with investors closely monitoring diplomatic progress and policy statements from key political figures.

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