Nasdaq Stages A Comeback Amid U.S.-Iran War Worries; Defense Name Palantir Soars

CoffeeNFTs · 2026-03-07T16:13:35+00:00

The first trading day of March saw investor concerns over spiking oil prices due to U.S.-Iran tensions. However, the stock market remained stable, with the Nasdaq and S&P 500 ending the day with slight gains.

CoffeeNFTs

2026-03-07 16:13:35

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As the first trading day in March unfolded following the eruption of U.S.-Iran tensions into war, the question on investors’ minds was whether spiking oil prices could cause a severe stock market sell-off. Monday’s action ended with selling remaining contained, with the Nasdaq and the S&P 500 turning positive. The S&P 500 eked out a gain of less than 0.1%,…

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