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Pre-Market Report – Wednesday 1 April: US Markets soar on peace hope - Oil falls - Gold up - SPI up 130.

Published 12 hours ago
Description

US stocks rose on Tuesday following new reports that gave investors hope that the Iran war could soon come to an end. The Dow Jones Industrial Average was up 1,125.37 points, or 2.49%, and closed at 46,341.51. The move came after an unconfirmed report said Iranian President Masoud Pezeshkian is open to ending the war with guarantees. The S&P 500 gained 2.91% to end at 6,528.52, and the Nasdaq Composite advanced 3.83% to 21,590.63. Each of the three indexes posted their best day since May.

It was end of month and quarter too.

SPI jumped 130 pts – Gold up – Resources to do well.

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