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Strong rebound in the market.
Nearly $1.4 trillion has been added to the U.S. market in just 2 days.
- The S&P 500 index rose 2.12%, adding $1.27 trillion to market capitalization.
- The Nasdaq index climbed 2.85%, adding $960 billion to market capitalization.
The Russell 2000 index increased 3.00%, adding $80 billion to market capitalization.
The S&P 500 is now only 100 points away from its all-time high.
Meanwhile, oil prices have dropped sharply to below $93.
Iran signaled that it wants to resume negotiations with the U.S., and Trump confirmed that Iran called Washington and wants to reach an agreement.
The market is reflecting that the possibility of the war ending soon is greater than it was 48 hours ago.