Dow Jones recoups losses, oil rises: what's happening in the markets on the 25th day of the war

After the decline in the first hours of the trading session on March 24, the broad index of American stocks S&P 500 and the index of "blue chips" Dow Jones recovered the losses and at the moment went into the green zone. Indices are trying to consolidate the rally, recorded at the previous session, notes CNBC.

At the intraday maximum, the S&P 500 was gaining 0.22%, the Dow Jones was up 0.41%, the Russell 2000 index of small and mid-capitalization companies was up 0.88%. The Nasdaq Composite failed to get out of negative territory. At the time of publication, the S&P 500 is losing a symbolic 0.03%, the Dow Jones is in the plus by 0.22%, the Russell 2000 is adding 0.7%.

Oil prices continued to grow on March 24, partially recovering the sharp decline of the previous session. International benchmark Brent rose 4.2% to $104.14 per barrel, while U.S. West Texas Intermediate (WTI) crude for delivery in April rose 5% to $92.6 per barrel.

On the eve of the quotations of Brent fell by about 11%, to about $ 99 per barrel, and all three key US stock indexes rose by more than 1% after US President Donald Trump said on the social network Truth Social that the United States and Iran held "very good and productive negotiations to resolve the conflict in the Middle East". At the same time, Iranian state television reported about the absence of direct contacts between the parties, later these data were confirmed in the Iranian Foreign Ministry.

"We are now seeing a high level of uncertainty around Iran, and as a result the market is likely to move sideways with notable volatility until more clarity emerges," CNBC quoted U.S. Bank Asset Management chief equity strategist Terry Sandven as saying.

"I think many people realize that statements by U.S. and Iranian officials are part of the 'psychological operations' associated with the war," Mark Chandler, chief market strategist at Bannockburn Capital Markets, observed (quoted by Reuters). - The market is less optimistic than it was yesterday. In general, the dynamics remains within the ranges of the previous day," he added.

This article was AI-translated and verified by a human editor