The Stock Market Has Not Gone Down Much, Says Donald Trump, Points To A Shocking Scenario That Would Change That
President Donald Trump said the stock market has held up better than he expected amid rising tensions with Iran but warned a nuclear escalation would sharply depress markets. Markets largely shrugged off recent escalation: the S&P 500 closed 1.02% higher (its best close since before the Feb. 28 conflict), the Nasdaq Composite rose 1.23% and the Dow climbed 0.63% after earlier losses of more than 400 points. Trump also noted energy prices have been stable and suggested they could fall once the situation stabilizes. The piece frames the market’s resilience as fragile and headline-driven, noting traders may use leveraged ETFs (e.g., Direxion products) for tactical exposure during volatile, event-driven moves.