Stock Market Today, March 9: Markets Rally Back After President Trump Suggests Iran War Could Be Close to Ending

By Josh Kohn-Lindquist – Mar 9, 2026 at 6:35PM ESTThe S&P 500 (^GSPC +0.83%) rose 0.81% to 6,794.34, the Nasdaq Composite (^IXIC +1.38%) jumped 1.38% to 22,695.95, and the Dow Jones Industrial Average (^DJI +0.50%) added 0.50% to 47,740.79 as the market reversed course from sharp early losses tied to the Iran war–driven oil spike.Market moversNvidia gained about 2.7% after a Morgan Stanley upgrade and growing AI optimism, helping lead tech’s rebound. Meanwhile, Live Nation Entertainment jumped nearly 6% after a Department of Justice settlement and supportive commentary from Goldman Sachs underscored the appetite for select event-driven winners.What this means for investorsThis morning, the S&P 500 opened down roughly 1.5% as crude oil futures skyrocketed toward $120 a barrel amid ongoing tensions in the Middle East. However, towards the end of the day, President Trump told a reporter that “the war is very complete, pretty much,” prompting the markets to spike and close up on the day. Crude oil futures reversed their course on the news and plummeted back down to the $80s per barrel.This seems to be positive news, but it’s worth keeping in mind that none of it is “official” just yet. Furthermore, the delays in shipping across the Strait of Hormuz could have a number of knock-on effects farther downstream that are yet to be fully realized. While higher prices at the pump may not singlehandedly break the bank for consumers, it could be the tipping point for U.S. shoppers facing sticky inflation, higher home prices, potential tariff effects, and what seems to be a K-shaped recovery.That said, this seems to be the perfect opportunity to just keep holding and not do anything dramatic, one way or the other. In years where the U.S. has faced a geopolitical or major historical event, the market has been higher one year later two-thirds of the time, so let’s not worry too much just yet.Read NextMar 9, 2026 •By Neil PatelThe Stock Market Is Flashing a Clear Warning to Investors: Here's What History Says Could Happen in 2026 and BeyondMar 9, 2026 •By Adam SpataccoHistory Suggests an Epic Stock Market Crash Could Happen in 2026. Here's Why I Disagree.Mar 9, 2026 •By Trevor JennewineThe Stock Market Sounds an Alarm as Investors Get Bad News About President Trump's Economy.

History Says This Will Happen Next.Mar 8, 2026 •By Sean WilliamsOil Prices Have Skyrocketed 66% Since the Iran War Began -- Is a Stock Market Crash Next?Mar 8, 2026 •By Adria CiminoJerome Powell's Warning to Wall Street is Ringing Out Loud and Clear.

History Says This May Happen Next.Mar 8, 2026 •By Sean WilliamsThe Iran War Is Heightening Stock Market Volatility -- but This $7.8 Trillion Figure Is an Objectively Bigger Worry for Wall StreetAbout the AuthorJosh Kohn-Lindquist is a contributing Motley Fool stock market analyst covering consumer goods, industrials, and technology stocks. Previously, Josh was a senior mutual fund accountant at Gemini Fund Services. He holds a bachelor’s degree in business management from the University of South Dakota.TMFJorykoX@JorykoliStocks MentionedS&P 500 IndexSNPINDEX: ^GSPC$6,795.99(+0.83%)+$55.97*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.