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Trump hoped his Iran pause would bring a stock-market miracle — but investors aren’t buying

Kenneth Rapoza
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⚡ Quantum Brief
President Trump’s five-day pause in Iran hostilities, ending March 28, aimed to stabilize markets and extend the decade-long U.S. stock bull run. The temporary truce coincides with military buildups, including deployments of Marines and the 82nd Airborne to the Persian Gulf. Investors remain skeptical, with major indices showing no recovery. The S&P 500 has declined over five consecutive trading days, trading flat despite brief oil price dips to $88 per barrel before rebounding above $90. The Dow Jones Industrial Average, despite hopes of nearing 50,000 by Friday, faces uncertainty as the conflict’s resumption looms post-pause. Market sentiment reflects doubt over geopolitical risks outweighing short-term relief measures. Oil futures volatility underscores lingering tensions, with WTI prices fluctuating sharply. The brief dip failed to boost equities, signaling deeper concerns about prolonged Middle East instability and its economic impact. Analysts attribute the market’s muted response to Trump’s strategy, suggesting even his Truth Social posts may not reverse investor pessimism amid escalating geopolitical and military preparations.
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Trump hoped his Iran pause would bring a stock-market miracle — but investors aren’t buyingPresident Donald Trump’s five-day pause in the Iran conflict — which ends on March 28 — is obviously meant to calm investors and keep the U.S. stock market’s decadelong bull market going. The fifth day is two trading sessions away. By some miracle, maybe the Dow Jones Industrial Average DJIA could approach 50,000 again by Friday. What happens on Saturday? With thousands of U.S. Marines and the 82nd Airborne on their way to the Persian Gulf, we should assume the Iran conflict continues.The stock market is flat. The S&P 500 SPX is trading sideways and has declined over the past five trading days. It has not recovered despite WTI CL.1 oil futures falling briefly to $88 early Wednesday before climbing back above $90 late Wednesday. About the AuthorKenneth Rapoza is an analyst for the Coalition for a Prosperous America, which represents U.S. producers and workers. He is a former journalist who has reported from Brazil and covered the BRIC economies. Follow him on X.A Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.

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