Markets Seesaw After Sharp Turn During Trump’s ‘Epic Fury’ Address
Oil prices surged and stocks initially fell on Thursday following President Donald Trump’s address to the nation, reflecting concerns about energy s...
Last updated: 2026-04-02 15:23:26 ET
Pulse AI Brief
Updated Apr 2, 2026 3:00 PM ET
President Trump vowed Wednesday night to continue strikes on Iran and bring the country "back to the Stone Age," triggering immediate equity selloffs and supply chain disruption. The Strait of Hormuz closure threat has already pushed Asia-US ocean shipping rates up 29%, with global logistics networks bracing for extended disruption.
Stocks slid sharply following Trump's speech as investors grappled with geopolitical uncertainty and the absence of a clear exit strategy. Energy and shipping sectors face immediate margin pressure; oil price volatility will ripple through transportation, manufacturing, and consumer goods pricing.
The market's reaction exposes investor anxiety over unscripted escalation. GOP officials privately expressed concern about the lack of clarity, signaling potential political friction over war strategy that could complicate legislative priorities.
Oil prices surged and stocks initially fell on Thursday following President Donald Trump’s address to the nation, reflecting concerns about energy s...
War shows little sign of easing despite Donald Trump claiming Iranian leadership ‘just asked’ for ceasefireMiddle East crisis – live updatesIsra...
War shows little sign of easing despite Donald Trump claiming Iranian leadership ‘just asked’ for ceasefireMiddle East crisis – live updatesIsra...
For Iranians under fire, surges of patriotism and criticism of the government.
For Iranians under fire, surges of patriotism and criticism of the government.
Pete Hegseth says Iran should make a deal to end the war as Secretary of State Marco Rubio cites internal fractures in the new Iranian regime.
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