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Iran Calls on U.S. Investors to "Buy In" - $900 Billion Price Surge Follows
The speaker of Iran’s parliament on Sunday urged American investors to buy in. By Monday morning, the S&P 500 had recovered nearly $900 billion in market capitalization. This chain of events unfolded over about 15 hours, beginning with a social media post from Tehran and an update on Truth Social from Washington. How a Weekend Post Set the Stage for a Monday Election Push Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, urged investors to note that pre-market news from U.S. officials often serves as a ploy to take profits. His message to investors was very clear: If the market gets dumped, buy in.
At 6:00 p.m. ET, S&P 500 futures opened down by nearly 1%, just 30 points away from the official correction zone. However, by 11:00 p.m. ET, the futures had fully reversed those losses and flipped into positive territory.
At 7:25 a.m. Eastern time on Monday, March 30, President Trump posted on Truth Social that the U.S. is negotiating what he described as a “new and more reasonable” deal to end military activity in Iran.
He added that if no agreement is reached, the U.S. would target Iran’s energy and water infrastructure. Then, the S&P 500 was trading about 100 points higher than the low from the previous night’s session, with market capitalization rebounding by about $900 billion thanks to this rally. “We are living through the most abnormal period in the history of markets,” analysts at the Kobeissi Letter wrote. The Market Is Still Walking a Tightrope of Geopolitics The rally unfolded amid ongoing military tensions between the U.S. and Iran, with oil flows through the Strait of Hormuz disrupted and crude oil trading above $100 a barrel for weeks in a row. This rebound is a typical fluctuation triggered by news rather than a structural change, as the physical oil market remains under pressure despite the stock-market recovery. Notably, no formal agreement has been signed yet. Ghalibaf’s post was widely interpreted as criticism aimed at the influence of American social media on financial markets. Whether the surge can be sustained depends on whether diplomatic progress will deliver results beyond “Truth Social.”