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Markets Lose Footing as Iran Truce Hopes Dim

  U.S. stocks slipped as investors reassessed the likelihood of a ceasefire in the Iran conflict, sending major indexes lower. The Dow , S&P 500 , and Nasdaq all retreated as renewed geopolitical tension pushed oil prices higher and dampened the previous day’s optimism.  The pullback followed a brief rally driven by hopes of diplomatic progress, but those expectations faded quickly as reports signaled escalating military activity and conflicting statements from U.S. and Iranian officials. Rising crude prices—seen as a direct barometer of conflict risk—added pressure across sectors, particularly technology, which led the day’s declines.  Investors remain highly sensitive to headlines, with markets swinging between relief and caution as the situation evolves. With oil once again at the center of market volatility and no clear path to de‑escalation, Wall Street continues to navigate a fragile and fast‑shifting landscape. 
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Stocks sharply higher, rebounding with a boost from chips

 



North American stocks closed higher on Thursday, winning back much of the previous day’s losses, as U.S. economic data fueled optimism that the Federal Reserve would ease monetary policy and revived investor risk appetite.

All three major U.S. stock indexes posted gains as chips surged, led by Micron Technology after its better-than-expected quarterly forecast, putting the tech-heavy Nasdaq out front. The rally gained momentum as the session drew to a close, with the S&P 500 and the Nasdaq surging more than 1%. Canada’s main stock index rose 0.8%, despite a sharp drop in the shares of BlackBerry. Financial markets are pricing in a 71.3% likelihood that the U.S. central bank will reduce the Fed funds target rate by 25 basis points as soon as March, according to CME’s FedWatch tool.

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