U.S. equities extended their rebound on March 25, 2026, as it bet on a potential de-escalation in the Middle East conflict. While opened strongly, gains moderated later in the session as oil prices rebounded, underscoring how tightly markets remain linked to geopolitical developments. Market Rally Reflects Cautious Optimism Stocks moved higher amid growing, though still uncertain, hopes that negotiations between the U.S. and Iran could lead to a cease-fire. Dow Jones Industrial Average: +0.66% (+305 points) $S&P 500(.SPX)$ Index: +0.54% NASDAQ Composite Index: +0.77% Markets were on pace for larger gains earlier in the day, but a late-session uptick in oil prices trimmed the rally. Best sector: Materials (+2.0%) Worst sector: Energy (-0.5%) pr