US stocks rally and return to where they were before the US-Iran war
U.S. stocks rallied and recovered the last of their losses caused so far by the U.S.-Iran war, as hope remains on Wall Street that the global economy can still avoid a worst-case scenario
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
Ahn Young-joon - AP
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
Ahn Young-joon - AP
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
Ahn Young-joon - AP
Terrance McCauley works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026.
Seth Wenig - AP
Ed Curran works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026.
NEW YORK (AP) — U.S. stocks rallied Monday and recovered the last of their losses caused so far by the U.S.-Iran war, as Wall Street remains hopeful that the global economy can still avoid a worst-case scenario.
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The U.S. began a blockade of ships leaving Iran's ports Monday, President Donald Trump said, and Tehran threatened to retaliate against ports …
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026.
