On Tuesday, Trump said he foresaw the US ending the conflict within two to three weeks, sparking a sharp rally in stocks. However, “any mixed or bad news at these higher levels could drive markets back down.”The Nasdaq 100 Index rose 1.2%. The two-year Treasury yield edged higher to 3.81% following solid data on the US labor market and retail sales. “The sharp rally in stocks over the past 24 hours demonstrates how a resolution to the conflict, or hopes thereof, may quickly drive markets higher,” said Ulrike Hoffmann-Burchardi at UBS Global Wealth Management. “We continue to believe global stock markets will end the year higher than they are today.”US travel, mining and technology stocks rose, with Sandisk Corp. up around 9%.

Source: The Edge Markets April 01, 2026 22:15 UTC