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March 10, 2026 

Happy Tuesday. U.S. oil prices pulled back more than 15% intraday, briefly falling below $80 on President Donald Trump's suggestion that the week-long conflict in Iran might be over "soon." The Russell 2000 added over 1% intraday, while the Dow Jones staged a roaring comeback of its own. The Nasdaq and S&P 500, not far behind, braced for Oracle's after hour earnings report.

> Live Blog: U.S. stocks continue rebound despite Trump comments

President Donald Trump says that the conflict in Iran is "very complete, pretty much", but with a few big asterisks.

First, he's got a guy in mind to lead Iran. Second, he's got plans to reopen the Strait of Hormuz.

Either way you cut it, that sounds far from "complete", even if the U.S. has leveled large swaths of Iran's military infrastructure. 

But yet, stocks are jumping and oil is falling as if there's still not missiles and drones flying?

What gives?

Read on TheStreet: Like tariffs and immigration before, are investors falling for Trump's charms; now in Iran?

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