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Barchart
Barchart
Rich Asplund

Stocks Close Higher After President Trump says Iran War is "Pretty Much" Complete

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.71%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.13%.  March E-mini S&P futures (ESH26) rose +0.69%, and March E-mini Nasdaq futures (NQH26) rose +1.14%.

Stocks during the morning traded lower on an overnight spike in oil prices above $100 per barrel, but were then able to recover after President Trump told CBS News in a phone interview that "I think the war is very complete, pretty much" and that the military operation is "very far" ahead of its 4-5 week timeframe.

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