Wall Street Gains as Iran Dialogue Signals Easing of Market Worries
New York, KOMPAS.com - U.S. stock markets, or Wall Street, closed higher on Wednesday (4 March 2026). The gains came after reports that Iran had signalled an openness to dialogue, and President Donald Trump’s commitment to maintaining stability in the oil market. The sentiment alleviated investor concerns about a potential escalation of the conflict in the Middle East.
Quoting Reuters, on Thursday (5 March 2036), the Dow Jones Industrial Average rose 238.14 points or 0.49 percent to 48,739.41.
Meanwhile, the S&P 500 rose 52.87 points or 0.78 percent to 6,869.50, while the Nasdaq Composite jumped 290.79 points or 1.29 percent to 22,807.48.
The S&P 500 was also trading near its all-time closing high reached in January, helped by solid US economic data.
The New York Times report said Iranian intelligence agents had indirectly contacted the CIA a day after the attack occurred.
However, several US officials remained doubtful about the readiness of both sides to de-escalate in the near term.
Separately, Trump’s announcement regarding US naval escort for oil tankers in the Strait of Hormuz and the provision of political risk insurance also contributed to positive market sentiment.
Senior Managing Director of Clearstead Advisors LLC in New York, Jim Awad, said the White House steps help ease concerns about potential major disruptions to the oil market that could push energy prices and inflation higher.
He added that the news has encouraged investors to revisit technology stocks that had fallen sharply in February.
“The combination gives the market optimism that will be tested in the coming weeks,” he said.
He added that investors need to remain realistic in facing market dynamics.
“It is time to be realistic and not carried away by the mood, neither overly optimistic nor overly pessimistic,” he said.
In agreement, Richard Bernstein, CEO of Richard Bernstein Advisors, said that the prospect of a conflict that could trigger additional inflation remains a source of volatility for markets going forward.