00:00It's Benzinga bringing Wall Street to Main Street.
00:02Wall Street closed higher on Tuesday as investors reacted to reports that Trump
00:06manned the U.S. military campaign against Iran, according to Reuters.
00:10The S&P 500 rose 2.91 percent, the Nasdaq gained 3.83 percent, and the Dow climbed 2.49
00:18percent,
00:19marking their largest one-day gains since May 2025.
00:23Technology stocks led the rally, with major gains in large-cap companies and a 6.24 percent
00:29jump in the PHLX chip index.
00:31Energy stocks fell 1.2 percent, but remained up 10 percent in March.
00:36Investors responded to speculation about easing tensions and improved energy flow through
00:40the Strait of Hormuz.
00:42Concerns about inflation and higher fuel costs continue to weigh on broader market sentiment.
00:47For all things money, visit Benzinga.com.
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