Wall Street ends narrowly mixed, trading volatile after air strikes on Iran
By Sabrina Valle and Pranav
Kashyap
Mon March 2, 2026
The Iranian crisis and subsequent spiking oil prices (up about 12%) triggered an expected massive selloff right out the gate. The Dow opened down 600, the Nasdaq over 350, the S&P minus 80. But investors almost immediately started buying the dip with an all-day recovery as everyone started buying up tech again, especially the comfortable winners in the AI sector. Tech managed to get into the green by close as did the Dow briefly for about half an hour before falling again and closing down. It didn’t take long for the markets to shrug off the war and oil spike as very temporary.
