Stocks Erase Early Losses Following Trump’s Hint that Iran War is Almost Over

The stock market closed higher on Monday, recovering from steep earlier losses, after President Donald Trump remarked the war against Iran could be reaching its end.

Overall, S&P 500 rose 0.8% to 6,796, while NASDAQ jumped 1.4% to 22,696.

Chart of the Day

Here is the one-year chart of Apple (AAPL) as of February 10, 2026, when the stock was at $274.

Apple just delivered its biggest quarter in years, powered by both exceptional iPhone demand and a steadily expanding services business.

The company delivered profit growth of 18% last quarter, which was the fastest growth since our 2022 Q1 report. Revenue growth accelerated to 16% from just 9% 2QtrsAgo.

Management stated the demand for iPhone — specifically iPhone 17 Pro and 17 Pro Max — was simply staggering with the company having the strongest iPhone lineup ever. iPhone revenue growth surged 23% year-over-year with All-Time revenue records across every geographic segment. Services also achieved an All-Time revenue record, with revenue up 14% from a year ago.

AAPL is part of our Conservative Growth Portfolio.