Stocks Jump Amid Iran Conflict De-Escalation, Fed Reassurance: A Closer Look at Polaris, Callaway Golf, Compass, Sphere Entertainment, and Viking
ByAinvest
Tuesday, Mar 31, 2026 5:43 pm ET1min read
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Several stocks, including Polaris, Callaway Golf Company, Compass, Sphere Entertainment, and Viking, surged in the morning session as investors hoped for a de-escalation of the conflict in Iran and reassurance from the Federal Reserve on interest rates. The stocks jumped 3.3-3.9% as Treasury Secretary Scott Bessent commented on reopening the Strait of Hormuz and Federal Reserve Chair Jerome Powell stated that inflation appears to be under control.
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