Wall Street registered strong gains this Tuesday, with increases exceeding 3%, after tension in the Middle East showed signs of de-escalation. The day was marked by optimism generated after the statements by the Iranian president, Masoud Pezeshkian, who assured the president of the European Council, António Costa, that Iran has "the necessary will to end the war", provided certain conditions are met.
Minutes earlier, American president Donald Trump had declared to the New York Post that the conflict "will not last much longer," confirming that he contemplates a cessation of hostilities even if the Strait of Hormuz remains closed.
Nasdaq leads gains driven by technology
The Nasdaq led the day's gains with a rally of over 3%, in what would be its best session since May 2025, thanks to the strong performance of big tech companies: Meta, Tesla, Alphabet and Nvidia rose more than 4%.
The S&P 500, meanwhile, seeks to recover the 6,500 points, driven by stocks like Sandisk and ON Semiconductor, while McCormick and Constellation Energy traded lower, losing around 5%.
The Dow Jones also advanced during the day, with the support of Caterpillar, Goldman Sachs and Nvidia, although Chevron, Coca-Cola and Procter & Gamble remained in the red.
Monthly context: a marked correction
Despite today's rises, the monthly balance of US equities remains negative. The Nasdaq retreats 5.3% in March, its worst record since March 2025, while the S&P 500 accumulates a fall of 5.7%, the most pronounced since December 2022. The Dow Jones reflects a similar retreat, of 5.7%, a retreat not seen since September 2022.