S&p 500 and s&p 500 turn positive as Nasdaq stages V-shaped comeback
The s&p 500 moved into positive territory as traders bought the dip following U. S. -Iran attacks, joining the Nasdaq and reversing earlier losses. The turnaround came amid a wave of market volatility tied to Middle East tensions, oil moves and questions about flights and assets in the region.
Nasdaq Composite rebound details
The Nasdaq Composite staged a stunning "V-shaped" recovery on Monday, surging 0. 36% to hit 22, 749. 00 after an early-session collapse of 1. 6%. That sharp intraday reversal followed a broader selloff that left major indexes deeply red earlier in the session.
Dow Jones and market drivers
The Dow experienced a dramatic swoon on what was described as the last February trading day, with the index crashing 800 points amid concerns about inflation shock, Iran war fear and AI disruption. By midday the Dow had pared early losses even as uncertainty persisted across sectors.
Middle East strikes and Dubai concerns
Viral video claims raised questions about an Iranian attack hitting Fairmont The Palm, Palm Jumeirah, Dubai in the UAE, sparking concerns about safety and regional escalation. Readers and airlines have asked whether Burj Khalifa and Dubai Mall were attacked by Iranian drones and which places have been hit in airstrikes on the UAE so far; those questions have added to market unease.
S&p 500 midday bounce
The S&p 500 and Nasdaq both turned positive in midday trading while oil prices moved off session highs. The broader U. S. stock market had crashed earlier, leaving the S&P 500, Dow Jones and Nasdaq in deep red before the rebound as traders weighed the potential market impact of U. S. –Iran war news and rising geopolitical risk.
Commodities, treasuries and safe havens
Precious metals saw divergent moves: silver price was described as crashing 7% today while gold price surged $100. Commentaries asked whether gold could touch $6, 000 and silver $200 soon, and whether gold and silver are serving as ultimate safe havens. At the same time, US Treasuries slid as the Middle East conflict sparked an oil price surge, raising questions about whether inflation fears are reducing hopes for Fed rate cuts.
Airlines, routes and service disruptions
Middle East conflict shook markets and travel: airline stocks fell while oil and defense shares surged. Questions circulated about when global airlines flights would resume and when Middle East airspace would reopen, with passengers urged to check routes opening from Dubai and Abu Dhabi and updates from Emirates, flydubai and Etihad Airways. Global airlines cancellations and route lists were a focus for travelers and investors alike.
Companies, tech outages and deal moves
Individual names and corporate moves added to the day’s headlines. Nvidia stock was singled out in broader selloff headlines about why the Dow, Nasdaq and S&P 500 moved sharply. Ondas stock jumped nearly 18% after a $10 million investment and a new defense tech partnership. Separately, AWS was down, prompting questions about affected regions, services, error messages, recovery efforts and desktop and mobile user issues. Consumer tech news also featured an Apple event in which the iPhone 17e was launched, with coverage focused on what was added, changed and improved and what sets it apart.
Market commentary also highlighted a recurring theme: in times of heightened geopolitical stress, defense shares and oil can surge while airlines and other cyclical names come under pressure, leaving indexes such as the S&p 500 to oscillate between losses and recoveries as traders reassess risk.
Amid the headlines, a lighter note circulated: a quote of the day from Jon Bon Jovi — "Map out your future—but do it in pencil. "
The sequence through the trading day was clear: an early selloff left major indexes deep in the red, a string of geopolitical and market-specific developments amplified volatility, and by midday traders had pushed the Nasdaq and the S&p 500 back into positive territory while other market measures and asset classes continued to reflect uncertainty.
