{"id":645944,"date":"2026-03-10T16:31:19","date_gmt":"2026-03-10T16:31:19","guid":{"rendered":"https:\/\/www.europesays.com\/us\/645944\/"},"modified":"2026-03-10T16:31:19","modified_gmt":"2026-03-10T16:31:19","slug":"dow-sp-500-nasdaq-climb-oil-slides-as-wall-street-weighs-iran-war-signals","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/645944\/","title":{"rendered":"Dow, S&P 500, Nasdaq climb, oil slides as Wall Street weighs Iran war signals"},"content":{"rendered":"\n

US stocks turned green after earlier losses on Tuesday as investors weighed President Trump’s hint at a swift end to the Iran war<\/a> with other conflicting signals and the G7 nations began preparing for potential releases from their strategic petroleum reserves.<\/p>\n

The Dow Jones Industrial Average (^DJI<\/a>) and S&P 500 (^GSPC<\/a>) rose by roughly 0.5% and 0.4%, respectively, after equivalent losses earlier in the session. The tech-heavy Nasdaq Composite (^IXIC<\/a>) turned positive by a stronger 0.7%.<\/p>\n

The market mood had soured after Iran’s state media reported that an oil tanker exploded near Abu Dhabi, but quickly turned around after G7 president France said the bloc had asked the International Energy Agency to study how much oil volume could be released from each country’s strategic petroleum reserve and to be prepared for a decision to do so.<\/p>\n

The announcement pushed oil prices further into the red after they fell sharply<\/a> late Monday on comments from Trump that the US-Israel offensive has effectively cut off Iran’s naval and air capabilities, and that it was “very far” ahead of an expected four-to-five week timeline.<\/p>\n

At the same time, though, Israel’s leader Benjamin Netanyahu said the offensive was “not done yet” before starting a new wave of strikes on Tehran on Tuesday. US Defense Secretary Pete Hegseth, meanwhile, said the US would “not relent” until Iran is defeated.<\/p>\n

Iran has voiced defiance that bodes ill for an end to Tehran’s effective blockade on tanker traffic<\/a> through the crucial Strait of Hormuz \u2014 a disruption that threatens “catastrophic consequences”<\/a> for oil and the global economy, per top oil exporter Aramco’s CEO.<\/p>\n

Amid the conflicting signals, West Texas Intermediate (CL=F<\/a>) crude traded around $84 a barrel, while Brent (BZ=F<\/a>) crude topped $84.50.<\/p>\n

Looking ahead, two key inflation readings are due this week<\/a>. February\u2019s update on the Consumer Price Index is due Wednesday, followed by January\u2019s Personal Consumption Expenditures index on Friday. Neither report will account for the recent spike in oil prices, which has shifted the interest rate calculus<\/a> for the Federal Reserve.<\/p>\n

In upcoming earnings<\/a>, Oracle (ORCL<\/a>) is scheduled to report after the market close on Tuesday, while Adobe (ADBE<\/a>) is on Thursday’s docket.<\/p>\n

LIVE 17 updates<\/p>\n