{"id":2828,"date":"2026-03-31T22:25:11","date_gmt":"2026-03-31T22:25:11","guid":{"rendered":"https:\/\/stock999.top\/?p=2828"},"modified":"2026-03-31T22:25:11","modified_gmt":"2026-03-31T22:25:11","slug":"wall-street-just-had-its-best-day-in-nearly-a-year-over-a-rumor","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=2828","title":{"rendered":"Wall Street just had its best day in nearly a year over a rumor"},"content":{"rendered":"

<\/p>\n

As the bell rang out over the New York Stock Exchange on Tuesday afternoon, it was an unusually beautiful day: 71 degrees, sun shining on the faces of people swarming through the city. After the brutal cold of winter, it felt like something of a miracle. <\/p>\n

The markets had spent the day chasing one of their own.<\/p>\n

Iran\u2019s official news agency reported an unconfirmed phone call between President Masoud Pezeshkian and the European Council president, where Pezeshkian said Iran had the \u201cnecessary will\u201d to end the war; provided that \u201cessential conditions are met, especially the guarantees required to prevent repetition of the aggression.\u201d The S&P went vertical immediately afterward. It didn\u2019t matter that Pezeshkian had said nearly the same thing on X earlier this month, or that it wasn\u2019t even clear how big a development this was.<\/p>\n

The Nasdaq still snapped back 795 points, recovering nearly half of its total drawdown over the course of the U.S.-Israeli-Iran war in a single day. The S&P soared 2.89%, representing $1.7 trillion alone, recovering about 30% of its total drawdown since the war began. The Dow also soared 1,125 points. All three indexes had their biggest single-day gains since May.<\/p>\n

The incredible thing about the rally today wasn\u2019t the scale of it, but the fragility of what it was built on.\u00a0<\/p>\n

It started Monday night, when the Wall Street Journal reported that Trump had told aides he was willing to end the military campaign against Iran even if the Strait of Hormuz remained closed for the most part. Futures immediately rallied up about 1.5%. But the same report noted that military options were still being considered, and if the U.S. drew out it would leave other nations to deal with the complex process of reopening the strait, one of the world\u2019s most critical oil choke points through which 20% of global oil flows.<\/p>\n

Trump made his preference clear the next morning with a post calling on allies to gather up their \u201cdelayed courage\u201d and deal with the strait themselves.<\/p>\n

\u201cIran has been, essentially, decimated. The hard part is done,\u201d Trump wrote. \u201cGo get your own oil!\u201d Soon after, Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine held a before-the-bell press conference, where they didn\u2019t commit to either leaving the strait or defending it, or any sort of timeline on the war. But they said it was going well, and when the stock market opened, most of the major indexes were rallying above 1%.<\/p>\n

Then the confusion began. On Monday, White House press secretary Karoline Leavitt told reporters that talks with Iran were \u201ccontinuing and going well,\u201d adding that \u201cwhat is said publicly is, of course, much different than what\u2019s being communicated to us privately.\u201d Then, Iran\u2019s foreign ministry spokesperson said the opposite, that there had been in fact, no direct negotiations with the United States in 31 days of war, only \u201cmessages\u201d passed through intermediaries like Pakistan. But that wasn\u2019t enough to dampen the high before Tuesday\u2019s main event.<\/p>\n

The oil market looked at the same information and reached a more sober conclusion. Brent crude settled upward nearly 5% at $118.35 a barrel, its highest close since June 2022, after Bloomberg reported that Iran had struck a Kuwaiti oil tanker in Dubai waters. Oil said war, and stocks said peace, and both closed higher.<\/p>\n

#Wall #Street #day #year #rumor<\/p>\n","protected":false},"excerpt":{"rendered":"

As the bell rang out over the New York Stock Exchange on Tuesday afternoon, it…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[5512,517,3716,518,5857,376,166,2276,999,2807,3810,2806,684,85],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/2828"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2828"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/2828\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}