US Stock Market Trends: Dow Jones Closes Up 631 Points, Surged Over 1,100 During Session

President Trump suddenly announced a five-day delay in attacking Iran’s power plants, giving investors a temporary relief. U.S. stocks rebounded sharply on Monday, with the Dow Jones Industrial Average surging over 1,000 points at one point, and international oil prices temporarily spiking over 14%. However, Iran’s Parliament Speaker Ali Larijani denied that Tehran was engaging in negotiations with the United States, and Islamic Revolutionary Guard Corps Aerospace Force Commander Mosa also stated that current fighting would continue. A Foreign Ministry spokesperson said that during the past 24 days of conflict, Iran had not engaged in any negotiations with the U.S., which significantly narrowed the gains in U.S. stocks.

Trump Delays Attack on Iranian Power Plants by 5 Days

The Dow opened sharply higher by 226 points, with gains expanding to 1,135 points at one stage, reaching 46,712 points; the S&P 500 rose as much as 2.23%, and the Nasdaq jumped 2.5%. Among major stocks, Tesla closed up 3.5%, Amazon gained 2.4%, and Nvidia increased by 1.7%.

Dow Jones Once Surged 1,135 Points

NYMEX crude oil futures dropped as much as 14.11%, hitting a low of $84.37, but closed down 10.28% at $88.13. Brent crude futures fell as much as 14.43% to $96, closing at $99.94, down 10.92%, driving American Airlines, Delta, and United Airlines to rise between 2.7% and 4.5%. 3M rose 3.8%, the largest gain among Dow components; UnitedHealth fell 2.2%, the worst performer in the Dow.

Iran Official Denies Negotiations with U.S.

Spot gold initially plunged 8.75%, hitting a low of $4,099.17 per ounce, but closed at $4,406.87, down 1.88%. Spot silver also dropped 10.21% to a low of $61.0073, but closed up 2.01% at $69.1525.

At the U.S. market close, the Dow surged 631 points or 1.38% to 46,208; the S&P 500 rose 1.15% to 6,581; the Nasdaq gained 1.38% to 21,946. The Golden Dragon Index, reflecting Chinese concept stocks, rebounded 0.86% to 6,800. Li Auto (00800) ADR shares rose 9%, with the group announcing that its total operating revenue for 2025 would reach 690 million RMB, a 90% year-over-year increase, with Q4 operating revenue alone up 1.23 times. European stocks all rose, with the UK down 0.24%, while France and Germany gained 0.79% and 1.22%, respectively.

Cryptocurrencies Rebounded Over 6%

The Asia-Pacific stock markets, which have not yet reflected easing tensions, were significantly pressured. The Japanese stock market plunged 3.41%, falling more than 10% from its February 27 high, entering a technical correction. South Korea’s KOSPI dropped 6.49%, but local retail investors heavily bought the dip, with a record daily inflow of stocks worth 70 trillion KRW.

UBS CEO Sergio Ermotti told Bloomberg TV that energy prices are expected to remain high in the foreseeable future, exerting some inflationary pressure on supply chains. He said clients are still digesting the full impact of the Middle East situation, but overall remain calm, with no major changes in asset allocation.

NY Oil Once Surged Over 14%, Recovered Some Losses at Close

International oil prices fell sharply, easing inflation concerns. The yield on the 10-year U.S. Treasury briefly fell 7.91 basis points to 4.3005%, while the 2-year yield dropped 10.2 basis points to 3.792%. Bitcoin, the leading cryptocurrency, rebounded as much as 6.5% to $71,782.

The U.S. dollar index briefly fell 0.77% to 98.88, while the euro rose 0.6% to $1.1642. The Japanese yen appreciated 0.76% to 158.02 per dollar. Japanese Vice Minister of Finance for International Affairs Masamune Watanabe said that measures will be taken as needed to respond to speculative volatility in the markets, noting that some market participants believe that speculative fluctuations in the oil market are affecting currency movements.