President Donald Trump told the New York Post on Tuesday that U.S. military forces will not need to be in Iran “much longer,” sending most stocks soaring in what marks a major turnaround for markets that have tumbled in the wake of the war against Iran that began in February.
A Wall Street sign is seen outside of the New York Stock Exchange in New York, Monday, March 30, 2026. (AP Photo/Seth Wenig)
Trump told the Post, “We’re not going to be there too much longer,” claiming the U.S. was “obliterating the s—” out of Iran.
The president said “we have more work to do in terms of killing their offensive, whatever offensive capability they have left.”
The Nasdaq spiked in the early afternoon and was up 3.8% less than half an hour before market close, erasing losses over the last two days of trading.
