US-Iran Relations Soften, Peace Dawns at Last, US Stocks See Retaliatory Rebound

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April 1st — Both the U.S. and Iran softened their stances simultaneously overnight (last night into this morning), sending clear peace signals. Iranian President Ebrahim Raisi stated Iran is ready to end the conflict but seeks assurances. Former President Donald Trump also noted the U.S. will wrap up its conflict with Iran in 2–3 weeks, adding the U.S. has essentially met its military goals and will leave Strait of Hormuz issues to other nations. **U.S. stocks staged a sharp rebound** as a result. Per Bitget data: - S&P 500 closed up 184.80 points (+2.91%) at 6,528.52, though down 5.09% in March and 4.63% for Q1. - Dow Jones Industrial Average rose 1,125.37 points (+2.49%). - Nasdaq Composite jumped 795.99 points (+3.83%), with a 7.10% Q1 drop. WTI crude briefly fell below $100 before bouncing back, now trading at $103.96. Gold extended gains, currently at $4,690.65. **The crypto market rebounded quickly in early trading today and is gradually climbing.** Per HTX data: - Bitcoin is at $68,350.95 (+2.42% in 24h). - Ethereum is at $2,104.98 (+2.45% in 24h). **Notably, despite both sides signaling the conflict may end soon, fighting persists.** Iran said yesterday it targeted a U.S. military pilot’s residence in Saudi Arabia. The U.S. and Israel also launched strikes yesterday on Iran’s Mubarak Steel Factory in Isfahan.

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