S&P 500 Rebounds by 10%, Nasdaq Sees Tenth Consecutive Gain, Market Immune to US-Iran Conflict, Pricing in Favorable Outcome

BlockBeats News, April 15th. After more than a month since the outbreak of the Middle East conflict, the U.S. stock market has completed a V-shaped rebound. Since March 27th, the S&P 500 Index has rebounded by nearly 10%, poised to achieve a third consecutive week of gains. Meanwhile, the Nasdaq 100 Index has accumulated an approximately 12% increase and set a record for the longest winning streak since 2021. After five weeks of decline triggered by the US-Israeli airstrikes, traders have now begun to ignore the negative news from the Middle East and aggressively buy stocks again. Rich Privorotky, head of Goldman Sachs' Delta One desk, pointed out: "The market seems to have declared a victory in the 'war' with Iran, even though the conflict itself has not truly ended."

Tom Lee, Chairman of the Ethereum Treasury company BitMine, stated, "The reason the stock market remains resilient is that even in the face of war, the economy is actually performing better than expected." He believes, "The market is very good at digesting outcomes in advance. The current stock market rise means that the market is pricing in a favorable outcome, although I cannot clearly explain the specific reasons, but this is the signal conveyed by the market's performance."

Doug Peta, Chief U.S. Investment Strategist at BCA Research, said, "The stock market and even the entire financial market do not seem so concerned about the situation in the Strait of Hormuz. As earnings season kicks off, corporate fundamentals are more forcefully driving stock prices compared to the headline news about Iran." Senior strategist Ed Yardeni pointed out that the market is learning to "coexist" with the prospect of an Iran war and is maintaining the judgment that the S&P 500 Index bottomed on March 30th.

In the latest news, U.S. President Trump stated that the Iran conflict is "coming to an end." According to Fox News, in a recent interview, Trump mentioned the future development of U.S.-Iran relations, saying, "We'll see what happens next; I think Iran very much wants to make a deal." The New York Post reported that Trump said negotiations could "resume in the next two days" in Pakistan. This would build on the foundation of the lengthy but inconclusive talks held in Islamabad last Saturday evening.

Impacted by Trump's remarks, according to Bitget data, WTI crude oil once plummeted by 4% intraday. The Japanese and South Korean stock markets opened higher today, with the Nikkei 225 Index opening up 0.71%, breaking through 58,000 points for the first time since March. The South Korean KOSPI Index opened up 2.98% at 6145.62 points.