Trump Iran US

President Donald Trump speaks about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington.

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Stocks recover from early losses and close with a weekly gain. US oil tops $110 a barrel

Stocks recover from early losses and close with a weekly gain. US oil tops $110 a barrel

Stocks overcame early losses to finish with slim gains and close out their first winning week since the start of the Iran war. Oil prices remained elevated, however, having soared after a national address late Wednesday from President Donald Trump, where he vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East. A barrel of U.S. crude oil rose to $111.54. Tesla shares fell more than 5% after its deliveries for the first quarter fell short of estimates. Stock markets will be closed for Good Friday.