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Posted on 04/08/2026 9:39:35 AM PDT by SoConPubbie
Investors around the globe on Wednesday cheered what appears to be the beginning of the end of the military clash between the U.S. and Iran, sending stocks higher and government bond yields lower. Oil prices plunged on the promise that the Strait of Hormuz may soon be open for shipping.
The Dow Jones Industrial Average was up by 1,000 points by midday, a 2.3 percent gain. The S&P 500 rose 2.1 percent. The Nasdaq Composite climbed 2.6 percent. Stocks had been even higher earlier in the morning but pared gains as reports on ongoing missle strikes and a drone attack on a pipeline in Saudi Arabia spurred concerns that the ceasefire announced Tuesday night could be fragile.
Out of the 11 sectors of the S&P, only energy was down. Industrials was the strongest performer, rising 3.6 percent. Consumer discretionary, often a risk-on trade for investors, rose 2.9 percent. The tech heavily information and communications sectors each rose 2.7 percent.
Brent Crude futures, the international oil benchmark, fell by 13 percent, to just under $95. West Text Intermediate futures fell by more than 15 percent.
U.S. Treasury yields declined as the ceasefire dampened fears that higher energy prices could convince the Federal Reserve to hold off on interest rate cuts later this year. The 10-year yield fell 0.072 percent to 4.271 percent and briefly touched as low as 4.23 percent. These are the lowest since March 19. The 2-year fell 0.066 percent to 3.769 percent, also the lowest since March 19.
The major European indexes soared. The Stoxx600, an broad measure of European stocks, rose 3.6 percent. The Dax index, which tracks Germany’s blue chip companies, rose 4.7 percent. The U.K.’s FTSE climbed 2.4 percent. France’s CAC index was up 4.4 percent.
(Excerpt) Read more at breitbart.com ...
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This did not age well... Oil gained back in price. Saddle up, cowboys, looks like Marines are going to have to kill a bunch of Muslims.
Dems and other leftscum are sad. I’m happy. 😃
Isn’t just amazing how all regular folks, all of a sudden got all that money to put in the so called “market”. ✖️
I just made $13k in the last 3 hours.
Here in Alabama, everyone is selling between $3.89 and 4.01, but Love’s Travel Stop in Shorter just brought down reg unleaded to $3.68.
I’ve been driving around the past week or two with several empty 5 gallon cans waiting for the prices to go down.
I bought 10 gallons right then and there!
America does not use any ME oil right now. Europe needs to belly up to the bar before we leave.
If you meant that sarcastically, keep in mind that this article is from Breitbart. They don't tend to write articles that the economic sky is falling because Trump's in the WH. It'd be amazing if the NYT or such said that lots of folks have money to invest.
And FReeper DIRTYSECRET is right: there's tons of people investing even if it's just through their 401K or Roth IRA. This "regular folk" is making good money in my 401K, mine and my wife's Roth IRAs (mostly mutual funds), and small portion of my Roth IRA that I'm doing some options trading in. All of that is making bank today.
I1”This did not age well... Oil gained back in price.
Fake news post alert. Oil still down.
Look now doofus
Let it ride?
Ztill down.
We get 7% of our oil from Saudi Arabia and 4% from Iraq. Contrary to what most Freepers believe, we import about 30% of our oil. Mostly Canada, Mexico, and Venezuela.
You’re in the chips now, my boy.
Global commodity. US imports oil when it’s cheaper than producing US oil that’s all.
Well, I consider myself “regular folks”. “All of a sudden” for me is since June, 1974 when I started working W2 jobs.
In 2004 I got an IRA via employment and started building retirement savings in that.
You want to know where “all that money” comes from?
Prepare for your mind to be blown!
https://www.bankrate.com/banking/savings/compound-savings-calculator/
I tell everyone I can to open a self-managed IRA as soon as they can. Then put all spare money into an index fund with re-investment option.
I know soldiers who did the Thrift Savings Plan (TSP) in the Army and those who took pay in US Savings Bonds. The TSP soldiers were multi-millionaires when they retired. They didn’t take it from anyone.
Just amazing for “regular folks” eh? A lot of stuff is amazing if you’re dumb.
My stock is currently up 7.43% today. But it’s a biotech that is mostly unaffected by general market conditions. Phase 3 results are the only thing that matters with it. I’m expecting to make close to a million dollars with this one stock. Cancer vaccines aren’t affected by war with Iran thank God. As for the rest of the market good luck. If we go in with boots on the ground the market will crash as it did at the beginning of covid. And no it won’t recover from that anytime soon.
not a genuine ceasefire since the Iranian dicators have attacked Qatar, Kuwait, UAE, Saudi Arabia, and Israel since, AFTER they claimed they were going to cease firing.
Best guess: USAF will recommence within 48 hours, possibly sooner). Results will include taking firm control of Straight of Hormuz and Kharg Island oil exports. As for the nuclear weapons materials -— I lack the expertise whether they can be extracted or will simply need to be destroyed underground where they’re hidden. We will have to trust our military exports on this one... not any politicians!
So, like the price AT THE PUMPS went up quickly and dramatically at the start of the war, it will now go down, right?
“Well, we have to deliver the oil and process the crude and refine and set up for transport and stuff like that.” “Americans won’t see much lowering of prices at the pump for quite some time.” 🛢️⛽🚗
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