On Thursday, Wall Street concluded its first winning week since the onset of the Iran war, with the S&P 500 gaining 3.4% for the week. The index rose by 7.37 points to close at 6,582.69. Early losses were attributed to President Donald Trump's address, which emphasized continued U.S. military action in Iran, stoking inflation fears. The Dow Jones Industrial Average fell 61.07 points to 46,504.67, while the Nasdaq composite increased by 38.23 points to 21,879.18. Rising oil prices, now above $100 per barrel, have led to a 36% increase in U.S. gasoline prices, reaching $4.08 per gallon, directly impacting consumer spending. Analysts warn that a prolonged conflict could lead to sustained inflation and slower global growth. Despite this, several technology stocks, including Intel and Advanced Micro Devices, saw gains, helping to balance the market. Meanwhile, Asia-Pacific markets traded higher, buoyed by reports of Iran and Oman drafting protocols to monitor transit through the Strait of Hormuz, raising hopes for a partial reopening of this vital shipping route.