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US Equity Markets Higher After Reports Hint Iran War Could End Soon
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US Equity Markets Higher After Reports Hint Iran War Could End Soon
Mar 31, 2026 1:49 PM

04:23 PM EDT, 03/31/2026 (MT Newswires) -- US equity indexes were higher on Tuesday after reports hinted that the Iran war could come to an end soon.

* Iran has the "necessary will" to end the war with the US and Israel but expects certain conditions to be met, especially guarantees to prevent "the recurrence of aggression," President Masoud Pezeshkian told EU Council President Antonio Costa in a call Monday, multiple outlets reported Tuesday.

* US job openings fell to 6.882 million in February, according to the Bureau of Labor Statistics, below the 6.890 million openings expected in a survey compiled by Bloomberg.

* The Institute for Supply Management's Chicago PMI dropped to 52.8 in March from 57.7 in February, compared with the 55 expected in a Bloomberg-compiled analyst survey.

* May West Texas Intermediate crude oil fell $1.00 to settle at $101.88 per barrel, while May Brent crude, the global benchmark, was last seen down $3.45 at $103.94.

* Nvidia ( NVDA ) said Tuesday it has invested $2 billion in Marvell Technology ( MRVL ) as part of a strategic partnership. Shares of Nvidia ( NVDA ) were up about 5.6%, the top gainer on the Dow, while Marvell ( MRVL ) rose roughly 13%, the biggest gainer on the Nasdaq.

* McCormick ( MKC ) agreed to combine with Unilever's ( UL ) food business in a deal that values the London-based consumer goods giant's unit at about $44.8 billion. McCormick ( MKC ) shares were down nearly 6.1%, and Unilever ( UL ) fell 5%.

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