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Stock Market Today, March 31: Stocks Rally on Hopes of Easing Iran Conflict [Yahoo! Finance]
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3.83% to 21,590.63, and the Dow Jones Industrial Average (DJINDICES:^DJI) climbed 2.49% to 46,341.51 in a broad relief rally on Iran de-escalation hopes. Market movers Microsoft (NASDAQ:MSFT) Nvidia (NASDAQ:NVDA) , and Meta Platforms (NASDAQ:META) led big-tech gains as easing war worries boosted growth stocks. Marvell Technology (NASDAQ:MRVL) surged 12.80% to close at $99.05 on news that Nvidia would invest $2 billion in the company. Unilever (NYSE:UL) and McCormick (NYSE:MKC) declined on skepticism around a proposed $65 billion food deal. What this means for investors U.S. stocks ended a downward streak today after Iranian President Masoud Pezeshkian showed a willingness to negotiate. In the last five weeks, Iran-war headlines have driven daily market volatility. All three major indexes rallied today, which could be the beginning of a recovery, but much depends on the negotiations ahead. Energy stocks have soared this quarter. The S&P Energy Index gained 39% year-to-date,
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