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Stock Market Indexes Hit All-Time Highs After Trump Announces Iran ‘Standing Down’

John Bickley
Stock Market Indexes Hit All-Time Highs After Trump Announces Iran ‘Standing Down’
Andrew Harrer/Bloomberg via Getty Images

In a televised statement Wednesday, President Trump addressed Iran’s attack on two military bases in Iraq and announced that no U.S. or Iraqi personnel were killed and that Iran “appears to be standing down.” The announcement sent stocks soaring, both the Nasdaq Composite and the S&P 500 reaching all-time highs, while the Dow Jones jumped over 250 points.

“I am pleased to inform you, the American people should be extremely grateful and happy: No Americans were harmed in last night’s attack by the Iranian regime,” President Trump told the nation Wednesday morning following the Tuesday night attacks by Iran (video of address below). “We suffered no casualties, all of our soldiers are safe, and only minimal damage was sustained at our military bases.”

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