South Korea Financial Markets

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.

As featured on

US stocks rally and return to where they were before the US-Iran war

US stocks rally and return to where they were before the US-Iran war

U.S. stocks rallied and recovered the last of their losses caused so far by the U.S.-Iran war, as hope remains on Wall Street that the global economy can still avoid a worst-case scenario. The S&P 500 rose 1% Monday and is back to where it was before the United States and Israel attacked Iran in late February, just 1.3% below its record set early this year. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite climbed 1.2%. Even in the oil market, where prices jumped above $100 per barrel after ceasefire talks failed to end the war, prices pared their gains as Monday progressed.