Stocks rise amid economic surprise as oil whipsaws - News Summed Up

Stocks rise amid economic surprise as oil whipsaws


(March 5) : A report underscoring economic resilience and cooling inflationary pressures drove stocks higher at a time when the war in the Middle East clouds the growth outlook. President Donald Trump expressed confidence in the military campaign against Iran even as the timeline for operations remained unclear. Tehran targeted Israel and Gulf states while Israeli and American forces followed through on pledges to bomb targets in the Islamic Republic. This could change if the Iran conflict heats up, but for now, “we are in a guarded uptrend,” he added. Still, he continues to think that “a low has been made and we should be playing offense more than defense.”


Source: The Edge Markets March 04, 2026 22:36 UTC



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