By William Collins, consultant in stock markets – Eurasia Business News, March 31, 2026. Article no 2076

U.S. stocks rallied on March 31, as investors reacted to comments from President Trump suggesting the Iran war could end soon. The Nasdaq led gains, with the Dow also jumping sharply.

The Dow was up about 970 points, or 2.1%, by early afternoon, while the Nasdaq rose about 3.4% and the S&P 500 gained around 2.4%. WSJ also reported the Nasdaq finished up 3.8% and the Dow up 2.5%, marking the biggest one-day increase for all three major indexes since May 2025.

The rally came after Trump said the U.S. may be willing to end the conflict without fully reopening the Strait of Hormuz, which traders interpreted as a possible off-ramp from the war. Reports also said Iranian officials signaled openness to ending hostilities, adding to the optimism behind the move.

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The market had been volatile, with oil prices still elevated and investor anxiety high before the rebound. Even with the surge, sources noted that the war’s future and its market effects remained uncertain.

 Gold was around $4,578 to $4,586 per ounce, and silver was around $73.03 per ounce in U.S. spot-market.

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© Copyright 2026 – Eurasia Business News. Article no. 2076