Trump and Iran Signal a Ceasefire — Markets Add $1.75 Trillion in a Single Session
The S&P 500 closed up 2.4%, the Nasdaq gained 3.3%, and bitcoin reached $68,500 intraday on March 31 as ceasefire signals from both Washington and Tehran reset risk appetite. The session recovered some ground from Q1's worst quarter since 2022. Whether it holds depends on oil, the Strait of Hormuz, and a ceasefire that hasn't been signed yet.