Oil Surges 11% on Iran But Markets Hold | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Kristal Research Desk

Kristal.AI

3 Apr3 min

Your 3-minute daily market update - simplified for busy investors.

Today: Oil surges +11.4% to $111.54 after Trump vows to hit Iran "very hard," but S&P 500 holds flat at +0.11% as Iran-Oman Hormuz shipping plan eases fears, Astera Labs jumps +10.2% on Citi's bullish AI chip call, Lumentum hits all-time highs +8.1%, Tesla misses Q1 deliveries at 358K vs 369K expected, Blue Owl gates $5.4B in private credit redemptions, and 100% pharma tariffs shake drugmakers.

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