(April 1) : Wall Street staged a dramatic comeback at the end of March, with stocks climbing as oil fell on hopes that the war that has jolted global markets and disrupted energy supplies may be nearing a conclusion. That has choked off energy supplies, spurring a surge in oil prices while triggering concern about a simultaneous jump in inflation and slowdown in growth. On the economic front, data showed consumer confidence unexpectedly rose in March on slightly more upbeat views of business and labor-market conditions. Job openings fell and hiring slowed in February, pointing to cooler labor demand before the war. “There do appear to be some early signs of stabilization in both consumer confidence and job openings after a clear fourth-quarter downtrend,” said Bret Kenwell at eToro.

Source: The Edge Markets March 31, 2026 22:00 UTC