AP
Financial Markets Wall Street
Anthony Confusione works on the floor at the New York Stock Exchange in New York, Tuesday, March 3, 2026.
As featured on
The U.S. stock market rebounded after oil prices stopped spiking and reports gave encouraging updates on the economy. The S&P 500 rose 0.8% Wednesday and erased much of its loss since the war with Iran began. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite climbed 1.3%. The strength followed a scary start to the day, when South Korea’s Kospi stock index plunged 12.1% for its worst loss in history. Uncertainty about the war has sent prices in financial markets careening this week, with most taking their cues from what the price of oil is doing. Oil prices moderated through the day.
