Early morning, full-scale counterattack! Trump announces: Postponed by 10 days!

The U.S. stock market is in turmoil.

Overnight, the U.S. stock market saw all three major indices fall sharply, with the Nasdaq dropping over 2%, marking the largest single-day decline since November 20, 2025. Large tech stocks plummeted, and semiconductor stocks collectively took a hit. Major European indices also closed lower, with the Euro Stoxx 50 and Germany’s DAX 30 both falling over 1.5%. International oil prices surged significantly, with WTI crude futures rising over 4% and Brent crude futures soaring over 5%.

However, in the early Asia-Pacific trading session on March 27, U.S. stock futures rose, with all three futures rebounding over 0.3%. International precious metals increased in value, with spot gold up 0.51%, priced at $4,400.09 per ounce; spot silver rose to $69 per ounce, gaining 1.56% during the day.

Additionally, international oil prices dropped in early trading, with WTI crude down 1.00%, priced at $93.531 per barrel.

In news, shortly after the U.S. stock market closed, President Trump announced: “At the request of the Iranian government, I hereby declare: I will delay the strike against (Iran) energy facilities for another 10 days, until 8 p.m. Eastern Time on April 6, 2026.”

U.S. stocks fell sharply overnight

On March 26, Eastern Time, all three major U.S. stock indices fell sharply. By the close, the S&P 500 dropped 1.74%, the Nasdaq fell 2.38%, marking the largest single-day decline since the outbreak of hostilities between the U.S. and Iran on February 28; the Dow Jones fell 1.01%.

Large tech stocks in the U.S. all suffered significant declines, with Meta dropping nearly 8%, TSMC ADR falling over 6%, Nvidia down over 4%, Google A and Tesla both down over 3%, Broadcom down nearly 3%, and Microsoft and Amazon both down over 1%.

The semiconductor sector saw widespread declines, with the Philadelphia Semiconductor Index plummeting over 4%. Storage chip stocks led the losses, with SanDisk crashing over 11%, Seagate down over 8%, Western Digital down over 7%, and Micron Technology dropping nearly 7%.

In news, according to a report by CCTV News, Iran has responded through intermediaries to the U.S. “15-point ceasefire proposal,” clearly stating “four musts”: the aggression and terror acts of the adversary must cease; objective conditions must be created to ensure war does not recur; a clear commitment to compensate for war losses must be made and implemented; and all resistance organizations involved in the hostilities must be pushed to cease actions.

Additionally, multiple U.S. officials and informed sources revealed that the U.S. Department of Defense is formulating a so-called “final strike” military option against Iran, which may include the use of ground troops and large-scale air strikes.

During a cabinet meeting broadcast on Thursday, Trump stated that the degree of oil price surges and stock market declines is not as severe as he anticipated.

Adam Turnquist, Chief Technical Strategist at LPL Financial, commented: “The war with Iran and the resulting surge in oil prices continue to suppress risk appetite, and any sustainable market recovery will require substantial progress in achieving a peace agreement and reopening the Strait of Hormuz.”

Trump announces delay in strikes on Iranian energy facilities

After the U.S. stock market closed, according to CCTV International News, Trump posted on his social media platform “Truth Social” stating, “At the request of the Iranian government, I hereby declare: I will delay the strike against (Iran) energy facilities for another 10 days, until 8 p.m. Eastern Time on April 6, 2026.”

Trump also mentioned, “Negotiations with Iran are ongoing, and despite the false narratives from the fake news media and others, the negotiations are progressing very well.”

Earlier that day, during a cabinet meeting at the White House, Trump expressed uncertainty about whether Iran would comply with his deadline to open the Strait of Hormuz by the 27th, and he was unsure whether the negotiations would go smoothly, but he said, “We have a lot of time.”

Additionally, according to Xinhua News, on the 26th, the Iranian Tasnim News Agency quoted military insiders stating that if the U.S. wants to open the Strait of Hormuz through “suicidal actions,” Iran is prepared and will continue to block the Strait.

Reports indicate that Iran has mobilized over 1 million combat personnel, preparing for ground combat with the U.S. Additionally, many young Iranians are flocking to recruitment centers of the “Mobilization of the Poor Organization,” the Islamic Revolutionary Guard Corps, and the military to enlist for combat.

On the 26th, Axios reported, citing U.S. officials and informants, that the U.S. Department of Defense is developing a “deadly strike” military plan against Iran, including invading or blockading Iran’s main oil export hub, Khark Island, attacking strategic locations on Larak Island used to control the Strait of Hormuz, seizing Abu Musa Island and two other small islands located at the western entrance of the strait, as well as blocking or seizing vessels transporting Iranian oil on the eastern side of the Strait.

On the same day, according to a statement from the Iranian presidential office, Iranian President Raeisi spoke with Malaysian Prime Minister Anwar and stated that Iran is committed to fully ending the war and emphasized that Iran has never sought to possess nuclear weapons.

The statement noted that Raeisi and Anwar discussed the developments in the regional and international situation since the U.S. and Israeli military actions against Iran began on February 28. Raeisi pointed out that allegations of Iran attempting to acquire nuclear weapons are excuses for the illegal aggression of the U.S. and Israel.

On the same day, the Israel Defense Forces reported that the air force had launched multiple rounds of airstrikes against Iran, targeting dozens of Iranian military production facilities.

The military stated that 60 Israeli fighter jets dropped over 150 bombs on military targets around Tehran and in central Iran. On the evening of the 25th, the Israeli military conducted a series of airstrikes in Isfahan, destroying multiple weapon manufacturing bases, including a base of the Iranian Islamic Revolutionary Guard Corps’ Quds Force and air defense production facilities. In the eastern Tehran region of Parchin, the Israeli military bombed core research and production facilities for Iranian missiles and defense systems.

Editor: Wang Lulu

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