The Economic Times

Why US stock market rebounds today despite geopolitical tensions? Dow Jones, S&P 500 and Nasdaq surge as oil and commodity prices move markets

US stock market rebounds today despite geopolitical tensions. The Dow Jones falls 95 points to 48,405. Yet the S&P 500 rises to 6,821 and the Nasdaq jumps to 22,627. Strong US jobs data drives early optimism. ADP reports 63,000 new private payrolls, beating the 50,000 forecast. Tech stocks lift the Nasdaq Composite. Meanwhile oil prices near $82 Brent and $75 WTI keep markets cautious. The Iran conflict and Strait of Hormuz risks add volatility. Investors now watch the Federal Reserve outlook and US jobs report, key drivers of the US stock market, Dow Jones, S&P 500, and Nasdaq today.