Stock market today: Dow, S&P 500, Nasdaq soar as Trump postpones Iran strike, citing ‘very good’ talks
US stocks surged on Monday, shaking off earlier losses as President Trump eased fears of an escalation in the Middle East war by postponing threatened strikes on Iran’s power plants.
The Dow Jones Industrial Average (^DJI) rose 2%, or around 900 points The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) both jumped around 1.9% and 2.1%, respectively.
Markets became upbeat after Trump said he gave instructions to postpone military strikes on Iran’s energy infrastructure, thanks to “very good and productive” talks between the US and Tehran that will continue throughout the week.
That eased market fears stoked by an intensifying exchange of violent rhetoric over the weekend. Trump gave Iran an ultimatum on Saturday, saying that if the Strait of Hormuz remained closed after 48 hours, he would order attacks on Iran’s power facilities. On Monday, Tehran launched fresh attacks in the region.
Daily Market Coverage Mar. 23, 2026 9AM-11AM (ET) | Yahoo Finance
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