31.03.202613:42:03UTC+00US Stocks Rebound on Tuesday

US stock indices rebounded sharply on Tuesday after sliding to seven‑month lows in the previous session, supported by a pullback in bond yields. The S&P 500 and Nasdaq 100 each rose 1.8%, while the Dow Jones Industrial Average gained 600 points. Treasuries extended their recovery across the curve, reflecting heightened caution over growth prospects amid a surge in energy prices. The resulting decline in yields bolstered equities across all sectors, even as crude oil and refined product prices continued to climb.

President Trump said the US is getting closer to reaching a deal with Iran, though markets remained skeptical that any agreement would quickly restore tanker traffic through the Persian Gulf. Risk‑sensitive technology shares, which had lagged in the prior session, led the advance: Meta climbed 3%, while Microsoft, Nvidia, and Amazon each added more than 2%.

In corporate news, Eli Lilly gained 2.5% after agreeing to acquire Centessa in a $7.8 billion deal. By contrast, McCormick fell 7% following the announcement that it will combine with Unilever’s food business in a proposed $44.8 billion transaction.