US Stocks Soar, Oil Prices Plunge as Market Fears of Israel–Iran Conflict Spreading Fade: Analyst

The blue-chip Dow Jones Industrial Average surged nearly 500 points.

6/16/2025|Updated: 6/16/2025

U.S. stocks surged at the start of the trading week, rebounding from Friday’s selloff sparked by geopolitical tensions following Israel’s large-scale attack on Iran.

“The declines weren’t as bad as feared,” Tom Essaye, the president and co-founder of Sevens Research Report, said in a note emailed to The Epoch Times on Monday. “The market views the chances of the conflict spreading as relatively low.”