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market resilience

Steady3 stories2 sourcesLast updated: 6/5/2026

Related TopicsJim Cramer Quantinuum IPO Broadcom CrowdStrike stock market iran conflict oil prices donald trump

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Trump Surprised by Stock Market Resilience During Iran Conflict

Business·4/21/2026AI summary

Trump Surprised by Stock Market Resilience During Iran Conflict

President Trump said he was surprised by the stock market's resilience during the Iran conflict, expecting a 20% drop and oil at $200/barrel. Instead, the S&P 500 recovered to pre-conflict levels and oil hovers around $90. In a CNBC interview, Trump called it an 'amazing phenomenon' that boats are finding alternative oil sources.