Stock market today: Dow, S&P 500, Nasdaq stage big comeback, oil plummets as Trump says war could be over soon

What we drew from this source

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• Markets may be entering another phase of forced deleveraging as leveraged Treasury trades start to unwind

  80% confidence

• Trump has a plan to bring down oil prices

  80% confidence

• G7 nations agreed on following the situation very closely and are ready to take all necessary measures, including using strategic reserves to stabilize the market

  80% confidence

• Iranian military commander said oil would hit $200 per barrel if airstrikes on the country's infrastructure didn't stop

  80% confidence

• The odds of a geopolitical deal increase as the S&P 500 approaches a 10% drawdown, roughly 6,280

  80% confidence

• The US is very far ahead of its initial 4-5 week estimated time frame for the war

  80% confidence

• The impact of higher fuel costs on airfare would probably start quick

  80% confidence

• Lamb Weston should expand the already announced cost reduction program and conduct a strategic review of certain international operations, particularly within Asia Pacific

  80% confidence

• With issuance fixed and large holders continuing to accumulate during volatility, sustained downside would likely require broader deterioration in liquidity conditions

  80% confidence

• An additional $250 million in cost cuts is necessary beyond the initial $250 million cost reduction program

  80% confidence

• The big issue with Hims is that we had an agreement that the mass compounding would stop and unfortunately it didn't stop, that's why we ended the partnership

  80% confidence

• The war with Iran is very complete, pretty much. They have no navy, no communications, they've got no Air Force

  80% confidence