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S&P 500 Surges Over 2% on Trump’s Iran War End Hopes, SPY ETF Leads Rally Amid Falling Oil Prices
The S&P 500 and SPY ETF experienced a significant rally on April 1, 2026, driven by President Trump’s optimistic announcement regarding the potential end of the conflict with Iran within two to three weeks. This news led to a sharp decline in oil prices, benefiting U.S. investors by reducing geopolitical risk and inflation concerns, which could influence Federal Reserve policy. While the market displayed broad-based optimism, potential risks from Iran’s threats against U.S. tech giants were noted.