US stock indices recovered about 50 basis points on Thursday afternoon after a statement from Israeli Prime Minister Benjamin Netanyahu made the rounds, saying that the war with Iran would end a “lot faster than people think”.
The S&P 500, which had been trading down at -0.8% by 3:00PM EST, suddenly shot up to -0.3% in the final hour of trading.
Oil futures that had risen 3% higher earlier in the session fell over 2% and were trading at $94.28 at the time of writing.
S&P 500 chart, 15-minute candlesticks, for March 19, 2026Source: https://www.fxstreet.com/news/us-stocks-recover-on-netanyahu-statement-that-iran-war-soon-over-202603191938
