The Stock Market Is Rebounding as Wall Street Shrugs Off Trump’s Iran Comment

The Dow Jones Industrial Average was down 77 points, or 0.2%, paring its opening losses. The S&P 500 was down 0.3%. The Nasdaq Composite was down 0.4%.

Sevens Report Research’s Tom Essaye told Barron’s that some of the president’s comments on Truth Social, to a point, are becoming white noise for markets. While the president has the ability to “make powerful and impactful decisions,” he posts many times in a day and doesn’t always offer specific or actionable insight. Instead, he often acts like a “chief political commentator, according to Essaye.