Ironman at Political Calculations·2026-06-02·via All Articles on Seeking Alpha
Summary
Stock prices had been battered in the month after the Iran War geopolitical conflict started, falling 535.16 points (7.8%) from the close of trading on Friday, 27 February 2026, the day before it began.
A month ago, when we looked at the value of the S&P 500 with respect to its underlying dividends per share, we weren't surprised to see the index was on track to make a full recovery from its geopolitical swoon.
But now that it has, the rise of stock prices hasn't slowed down very much, which makes it different from previous recoveries in recent years.
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On Monday, 30 March 2026, the S&P 500 (SPX) bottomed at 6,343.72. Stock prices had been battered in the month after the Iran War geopolitical conflict started, falling 535.16 points (7.8%) from the close of trading
