All three indexes recovered almost all of their losses later in the day when Iranian state media reported that the Islamic theocracy is working with Oman on a way to monitor the passage of ships through the Strait of Hormuz. On Wednesday, the day of Trump’s speech, all three stock market indices rose — with the Dow rising by more than 220 points — and oil prices fell, with both Brent and WTI futures settling down, according to the outlet. Addressing the nation Wednesday, Trump suggested that the war could end soon but said the U.S. will hit Iran “extremely hard over the next two to three weeks” and “bring them back to the stone ages, where they belong.” He added that “discussions are ongoing” with the Islamist nation.
Author: Anthony Iafrate
Published at: 2026-04-02 22:05:11
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