Live Nasdaq Composite: Markets Adjust to New Normal as Mideast Tensions Escalate
▲ BULLISH Wallst 247 March 30, 2026 · 13:29 UTC

Nasdaq Composite Gains Amid Mideast Tensions, Powell Signals Steady Rates

Despite escalating tensions in the Middle East and reduced traffic through the Strait of Hormuz, the Nasdaq Composite rose 0.74% in early trading. Fed Chair Powell indicated the central bank won't let oil prices dictate interest rate policy, and Governor Miran expressed limited concern over the current energy price spike. Several companies reported strong earnings: Rezolve AI, Sigma Lithium, and Sysco (through acquisition). Bitmine increased its Ethereum holdings significantly.

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News: The Nasdaq Composite rose 0.74% to 23,503 in early trading despite escalating Mideast tensions and rising oil prices (potentially reaching $150/barrel). The Dow Jones Industrial Average gained 0.75% to 45,765, and the S&P 500 increased by 0.76% to 6,461. Fed Chair Jerome Powell suggested the Fed won't be swayed by oil prices when setting interest rates, and Governor Stephen Miran downplayed concerns about the energy price spike. Key company news includes Rezolve AI's strong 2025 revenue ($46.8M, 543% H2 growth) and positive 2026 guidance ($360M), Sigma Lithium's $31M operating cash flow with 47% margins and debt reduction, Sysco's $29B acquisition of Restaurant Depot, and Bitmine's increased Ethereum holdings (now 3.92% of total ETH supply). Starcloud secured $170M in funding at a $1.1B valuation, with a shoutout from Nvidia.

AI Analysis: Market resilience in the face of geopolitical risk suggests investor confidence, potentially driven by expectations of continued economic strength and a dovish Federal Reserve stance. Strong earnings reports from Rezolve AI and Sigma Lithium indicate positive momentum in specific sectors.

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This content is automatically generated from public news sources. This is not financial advice.

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