【US Stock Market Update】Trump: Once War Ends, Oil Prices Will Plummet Sharply　Dow Up 393 Points, Oil Down 1% (Continuously Updated)

Foreign media PBS reports that U.S. President Trump stated Iran is not yet ready to reach an agreement. He also mentioned that once the war ends, oil prices will drop rapidly like a rolling stone, and believes the war won’t last too long. He openly said that Iran has a large amount of infrastructure left in Tehran that could be destroyed within an hour, including power plants, but doing so would require years of rebuilding and cause trauma, so it’s best to avoid it. He also mentioned he does not want to damage the pipelines on Halek Island, a major oil hub, because once destroyed, it would take years to reconnect.

U.S. Treasury Secretary Bessent, in an interview with CNBC, said the U.S. does not mind some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz. He considers Iran’s allowing ships to pass as a natural opening and hopes the global oil supply remains sufficient. He also stated that any measures aimed at easing rising oil prices will depend on how long the Iran war continues.

Brent crude oil futures rose 2%, reaching $106.50 at one point, but after Bessent’s comments, it turned down, currently at $101.77, down 1.3%. The U.S. dollar index is relatively weak, currently at 99.98, down 0.6%, slipping below 100.

The Middle East war enters its third week. U.S. stocks opened higher on Monday, with the Dow up 393 points at 46,152, the S&P up 66 points at 6,698, and the Nasdaq up 262 points or 1.2% at 22,367. This week’s focus includes the U.S. Producer Price Index (PPI) released Tuesday, and the Federal Reserve’s interest rate decision early Thursday Hong Kong time. Major central banks like the European Central Bank, Bank of England, and Bank of Japan will also hold meetings this week. Additionally, Micron (NYSE: MU) will announce earnings after market close on Wednesday.

In key stocks, NVIDIA (NASDAQ: NVDA) rose 2%. The company held its GTC conference on Monday (16th), with market expectations that this GTC will signal three key developments: (1) helping integrate Groq technology to enter the AI inference market; (2) possibly breaking TSMC’s monopoly by Samsung in manufacturing, with OpenAI potentially becoming one of the first major clients; (3) further expansion of AI robotics, open-source models, and ecosystem.

Data center company Nebius (NASDAQ: NBIS) rose 12%, announcing on Monday that starting early 2027, it will provide $1.2 billion in dedicated computing capacity for Meta (NASDAQ: META). Meta also committed to purchasing up to $1.5 billion in additional computing capacity. Meta’s stock rose 3%.

Hong Kong stocks and ADR markets are continuously updating. For details, see: Next page

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Market Highlights:

【22:55】Trump: Once the war ends, oil prices will fall sharply. Dow rises 393 points, oil drops 1%.

【21:30】Bessent: U.S. does not mind Chinese ships passing through the Strait of Hormuz. Dow up 369 points, oil drops 1%.

【18:50】Middle East war enters third week. Dow futures up 152 points, Nasdaq futures up 0.7%. This week is a “super rate decision week.”

【13:47】Dow futures up 226 points, at 47,112; S&P futures up 39 points, at 6,724; Nasdaq futures up 147 points or 0.6%, at 24,753.

【12:59】【AI + Chips】Tesla to make its own chips? Elon Musk announces launch of giant AI chip factory “Terafab.”

【12:06】【AI + Gemini】Hong Kong also uses Gemini! Google: will further expand Gemini to all users in Hong Kong, starting with web version, mobile app coming later.

【11:07】【Xi-Trump Meeting】Trump says “possible delay” of meeting with President Xi Jinping.

【10:14】【Iran Crisis】IEA: Over 400 million barrels of emergency oil reserves soon to be released, prioritizing Asia; Europe and the U.S. need to wait until late March.

【19:28】【Gold Price Trend】Gold falls below $5,000, entering its third week amid ongoing Middle East war and rising oil prices.

【11:36】【Iran Crisis】U.S. Energy Secretary: Cannot guarantee oil prices will fall within weeks. First target military facilities before seizing the strait (ongoing updates).

【07:30】【Global Weekly Outlook】| This week is a “super rate decision week” globally. Expect the Fed to keep rates unchanged on Thursday.

【07:30】As tensions in the Middle East escalate again, U.S. stocks fell last Friday. The Dow opened slightly higher, rising up to 446 points, then fell back 183 points, closing at 46,558, down 119 points. The S&P declined 0.61%, and the Nasdaq fell 0.93%.

See U.S. stock market close:

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Last week’s U.S. stock market activity, details at: 【U.S. Stocks Close】 Preview of next week’s aggressive stance on Iran. Dow down 119 points, Brent crude up 2.7% to over $103.