Trump gave a speech to reassure the nation that the Iran war was winding down after we bomb them back to the Stone Age. I’m no economist, but I’m pretty sure that when oil goes up and everything else falls, that is what experts call "not reassuring."
https://www.swissinfo.ch/eng/oil-jumps-on-trumps-war-threat%2c-stock-rally-fades%3a-markets-wrap/91198102
Oil Jumps on Trump’s War Threat, Stock Rally Fades: Markets Wrap

(Bloomberg) -- Oil jumped, stocks and bonds fell after President Donald Trump signaled an escalation to the Iran war, saying the US would hit the country “extremely hard” over the next two to three weeks.

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