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Falling oil prices help calm worries about inflation, and Wall Street rallies
Falling oil prices due to President Trump's decision to delay new strikes against Iran have eased inflation concerns, leading to a Wall Street rally with the S&P 500, Dow Jones, and Nasdaq rising. Companies with significant fuel costs, like airlines, saw notable gains, while corporate earnings growth for the spring is on track to be the strongest since 2021.
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- Oil prices rise, but not by enough to drag Wall Street far off its records
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- Oil stops flowing, and Wall Street stops growing
- Wall Street gains, oil prices tumble after Trump says he'll order forces to ease up on Iran attacks