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US stocks post best day in 10 months on Iran deescalation hopes
Trump's offhand comment on Iran unbacked by diplomatic detail but potent in market psychology triggered a rapid unwind of geopolitical hedges, sending the S&P 500 surging 2.4% as risk assets reprice for near term stability rather than escalation, this isn't a fundamental pivot, but a tactical window where duration sensitive and export exposed names now offer asymmetric upside if tensions hold.
Major US stock indexes experienced their largest single day rally in 10 months after former President Trump suggested a potential swift end to the conflict with Iran, easing geopolitical fears.
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