U.S. Stock Market indexes heading for an interesting trading on Wednesday after President Donald Trump made startling statement regarding Iran war and reopening of Strait of Hormuz. S&P 500 futures were up by 0.22 per cent, Dow Futures jumped by 0.18 per cent, and Nasdaq futures rose 0.50 per cent. Russell 2000 futures will go up 0.21 per cent. On Tuesday, S&P 500 rose 58.47 points to 7,259.22. The Dow Jones Industrial Average added 356.35 to 49,298.25, and the Nasdaq composite climbed 238.32 to 25,326.13.
Iran War Impact on Wall Street
Even with the war ongoing, the U.S. stock market has remained remarkably resilient on its record-setting run. That’s in large part due to the strong profits that U.S. companies have reported for the first three months of 2026 despite the rise in oil prices since the end of February.
“This has been a ‘why ask why’ market,’” according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. “You just have to go with it.”
Even though many risks are still weighing on the market, “investors are looking at earnings” and how much companies are spending on AI data centers and other investments, he said.
U.S. President Donald Trump said on Tuesday evening he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing “great progress” toward a comprehensive agreement with Iran.
US Bond Market
In the U.S. bond market, Treasury yields eased following oil’s drop in price and reports on the U.S. economy that came in mixed. One report said growth for U.S. services businesses unexpectedly decelerated last month, with some companies saying the war is slowing spending. A separate report said U.S. employers were advertising slightly more job openings at the end of March than economists expected, an encouraging signal for the job market.
The yield on the 10-year Treasury fell to 4.42 per cent from 4.45 per cent late Monday.
That’s still well above its 3.97 per cent level from just before the war began. The rise has made mortgages and other kinds of loans for U.S. households and businesses more expensive.
S&P 500, Dow Jones, Nasdaq, Russell 2000
For the week, S&P 500 is up 29.10 points, or 0.4 per cent, Dow is down 201.02 points, or 0.4 per cent, Nasdaq is up 211.68 points, or 0.8 per cent, and Russell 2000 is up 32.18 points, or 1.1 per cent.
For the year, S&P 500 is up 413.72 points, or 6 per cent, Dow is up 1,234.96 points, or 2.6 per cent, Nasdaq is up 2,084.14 points, or 9 per cent, and Russell 2000 is up 363.10 points, or 14.6 per cent.
