It was the most volatile trading session since the conflict in the Middle East began

'Compressed spring': US indices soar, oil collapses on 24th day of war with Iran

The Estee Lauder Companies Inc.

Puig Brands SA

The merger could result in a $40 billion cosmetics giant

Estée Lauder shares collapsed after the FT reported a possible merger with Spain's Puig

Valero Energy Corporation

SLB N.V.

Halliburton Company

Donald Trump's surprise announcement that the US is <a href="https://oninvest.com/article/tramp-ob-avil-o-vremennom-prekrasenii-ogna-po-energeticeskoj-infrastrukture-irana">suspending</a> strikes on Iranian infrastructure after "productive negotiations" has brought optimism back to traders, with the S&amp;P 500 index of US stocks rising more than 1.5%. However, investor Michael Burry, known as the prototypical hero of the "Downgrade Game," said he prefers to refrain from trading in such a market.

Stocks are feverish. Why doesn't iconic shortstop Michael Burry trade in a market like this?

The sharp decline in gold prices may be due to a change in investor sentiment, which reflects that the market is becoming more risk averse, <a href="https://www.marketwatch.com/story/why-golds-plunge-into-a-bear-market-is-a-good-signal-for-stocks-according-to-morgan-stanley-bacf5d35">writes</a> MarketWatch, citing Morgan Stanley strategist Mike Wilson. And although at the height of the conflict in the Middle East gold did not behave as a protective asset, it is worth taking into account that in the long term the precious metal usually grows against the background of geopolitical and market tensions, analysts note.

Why did Morgan Stanley see the collapse in gold prices as a positive signal for US stocks?

The U.S. Federal Reserve should not form monetary policy on the basis of short-term factors related to the war against Iran, says a member of the Board of Governors of the regulator Stephen Miran, his opinion is <a href="https://www.bloomberg.com/news/articles/2026-03-23/fed-s-miran-says-too-early-to-alter-outlook-for-four-2026-cuts">published by</a> Bloomberg.

'It's too early to draw conclusions': Fed board member maintains forecast of four rate cuts

Telegram fully redeemed the bonds it issued five years ago in 2021, the company's founder Pavel Durov <a href="https://t.me/durov/476">wrote</a> in his Telegram channel. Some of them <a href="https://oninvest.com/article/obligacii-telegram-na-500-mln-zamorozili-iz-za-sankcij-protiv-rossii-ft">may have been frozen</a> in Russia due to Western sanctions, the Financial Times reported in January.

Durov announced the redemption of Telegram's bonds. Their part could have been frozen by sanctions

Iran did not negotiate with the United States as US President Donald Trump <a href="https://oninvest.com/article/akcii-ssa-vzleteli-neft-103-rynki-posle-smagcenia-pozicii-trampa-po-iranu">claimed</a>, Iranian Parliament Speaker Mohammad-Bagher Ghalibaf <a href="https://x.com/mb_ghalibaf/status/2036108700524347420">said</a> on his social media page X - Axios, citing an Israeli official, had earlier <a href="https://oninvest.com/article/neft-opustilas-do-99-za-barrel-tramp-zaavil-iran-otkazetsa-ot-adernogo-oruzia">reported</a> that it was the White House representatives who had dialogued with him.

Oil - back above $100, stocks slowed: Iran rejects Trump's stated dialog

Meta Platforms, Inc.

Meta Platforms CEO Mark Zuckerberg is developing a personal AI agent to assist him as head of the company, an unnamed source <a href="https://www.wsj.com/tech/ai/mark-zuckerberg-is-building-an-ai-agent-to-help-him-be-ceo-eddab2d5?mod=hp_lead_pos5">told</a> The Wall Street Journal.

Zuckerberg is developing an AI agent to help him run Meta - WSJ

Brent crude oil fell to $99 a barrel - markets reacted to the words of US President Donald Trump that Iran has allegedly agreed to give up nuclear weapons, <a href="https://www.barrons.com/articles/oil-crude-price-today-iran-brent-wti-d395ce51?mod=RTA">writes</a> Barron's.

Oil has plunged to $99 a barrel. Trump said: Iran will give up nuclear weapons

Berkshire Hathaway Inc.

Tokio Marine Holdings, Inc.

The $1.8 billion purchase of Tokio Marine shares is Berkshire's first major deal in Japan since the departure of Oracle of Omaha

Life after Buffett: Berkshire Hathaway makes new $1.8 billion bet in Japan

Traders piled new rate hikes by the Fed and ECB into forecasts, fearing an inflation shock from the energy crisis in the Middle East

Two-year US government bond yields hit 4% for the first time since June

Markets took a positive view of Trump's statements about talks with Iran, despite Tehran denying information about contacts with Washington

Nike