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

The U.S. stock market is on edge.

Overnight, the three major U.S. stock indices all fell sharply, with the Nasdaq dropping over 2%, marking the largest single-day decline since November 20, 2025. Large tech stocks declined across the board, and chip stocks experienced a collective plunge. Major European indices also closed lower, with the STOXX 50 and Germany’s DAX 30 down more than 1.5%. International oil prices surged significantly, with WTI crude futures rising over 4% and Brent crude futures jumping over 5%.

However, in early Asia-Pacific trading on March 27 Beijing time, U.S. stock futures rose, with all three major indices rebounding more than 0.3%. International precious metals also gained, with spot gold up 0.51% at $4,400.09 per ounce; spot silver rose to $69 per ounce, up 1.56 intraday.

Additionally, early in the session, international oil prices fell back, with WTI crude down 1.00% at $93.531 per barrel.

On the news front, shortly after the U.S. stock market closed, President Trump announced: “At Iran’s government request, I hereby declare: I will delay strikes against Iran’s energy facilities by another 10 days, until 8 p.m. Eastern Time on April 6, 2026.”

Overnight, U.S. stocks plunged across the board

On March 26 Eastern Time, the three major U.S. stock indices all 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 U.S.-Israel-Iran conflict on February 28; the Dow Jones Industrial Average declined 1.01%.

Big tech stocks also tumbled, with Meta plunging nearly 8%, TSMC ADR dropping over 6%, Nvidia down more than 4%, Alphabet A and Tesla down over 3%, Broadcom nearly 3%, and Microsoft and Amazon down over 1%.

The semiconductor sector declined broadly, with the Philadelphia Semiconductor Index falling over 4%. Memory chip stocks led the decline, with SanDisk plunging over 11%, Seagate down more than 8%, Western Digital down over 7%, and Micron Technology nearly 7%.

On the news front, according to CCTV News, Iran has responded through intermediaries to the U.S. “15-point ceasefire proposal,” clearly stating the “Four Musts”: must stop enemy aggression and terrorist acts; must create objective conditions to prevent future wars; must explicitly commit to compensating for war damages and implement it; must push all resistance groups involved in the conflict to cease operations.

Several U.S. officials and insiders also revealed that the Department of Defense is developing a so-called “last strike” military option against Iran, which could include deploying ground troops and large-scale airstrikes.

During a live broadcast of a cabinet meeting on Thursday, Trump said that the extent of rising oil prices and stock market declines was not as severe as he had expected.

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

Trump announces delay in strikes against Iran’s energy facilities

After the U.S. stock market closed, according to CCTV International, Trump posted on his social media platform “Real Social” that: “At Iran’s government request, I hereby declare: I will delay strikes against Iran’s energy facilities by another 10 days, until 8 p.m. Eastern Time on April 6, 2026.”

Trump also stated, “Negotiations with Iran are ongoing. Despite false reports from the fake news media and others claiming otherwise, the negotiations are progressing very well.”

Earlier that day, Trump said during a White House cabinet meeting that he was unsure whether Iran would comply with the deadline of March 27 to open the Strait of Hormuz, and whether negotiations would go smoothly, but he added, “We have plenty of time.”

According to Xinhua News Agency, Iran’s Tasnim News Agency on the 26th quoted military sources as