Wall Street surged as President Trump hinted at a swift end to Middle East conflict, boosting tech giants like Alphabet. Investors are optimistic about de-escalation, despite ongoing inflation fears and mixed economic data. SpaceX’s IPO filing and positive drug approvals also fueled market gains, though Nike saw a significant drop.
Oil Price Today (April 2): Oil jumps 5% to cross $106/barrel after Trump’s comments erase de-escalation hopes
Oil prices have jumped back above $106 a barrel. President Donald Trump’s speech revived fears of more conflict in the Middle East. This comes after