Stocks rallied Thursday as easing Treasury yields fueled a broad market recovery, while oil futures stabilized near $102-$105 a barrel following geopolitical signals from the White House.
The Nasdaq Composite gained 1.6%, leading the rebound amid easing Treasury yields and softer oil prices.
The S&P 500 rose 1.1% as easing Treasury yields and a pullback in oil futures supported a market rebound.
WTI futures pared earlier losses after President Trump signaled a big decision on Iran, trading close to $102 a barrel.
Brent futures neared $105 a barrel as the earlier oil price pullback lost steam following President Trump's Iran comments.
The Dow Jones Industrial Average added 0.7% or 362 points as stocks traded higher in Thursday's session.
U.S. equities rallied on Thursday, with the Nasdaq Composite climbing 1.6% and the S&P 500 gaining 1.1%. The market rebound was supported by a decline in Treasury yields and a cooling in oil prices, though energy futures pared losses following comments from President Trump regarding Iran.
The market rally was primarily driven by easing Treasury yields and a temporary pullback in oil futures, which improved investor sentiment.
Oil prices, which were lower earlier in the session, pared their losses after President Trump signaled that a 'big decision' regarding the war in Iran is forthcoming.