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Stocks rally as US-Iran tensions ease; investors favor Sherwin-Williams, Caterpillar, Home Depot, Goldman Sachs

Market News
08 Apr 2026
CNBC
View Source
Bullish
pluang ai news

Stocks surged following President Trump's announcement of a two-week suspension of US attacks on Iran, easing geopolitical tensions. The Dow rose 2.85%, with notable gains in Sherwin-Williams, Caterpillar, Home Depot, and Goldman Sachs, signaling investor optimism about falling interest rates. Lower rates are expected to boost housing and construction sectors, while Goldman Sachs is poised to benefit from increased dealmaking. However, oil companies and some tech stocks lagged, reflecting ongoing concerns about market risks and supply disruptions.

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