[Trump Extends Olive Branch, Iran Denies, S&P 500 Swings $3 Trillion in 1 Hour] BlockBeats reports that on March 23, around 7 PM, Trump stated, 'The United States and Iran have had productive discussions,' expressing hope to end the Iran war. Within minutes, the S&P 500 surged 240 points, adding $2 trillion in market value. 27 minutes later, Iran completely denied all of Trump's claims, stating there had been 'no contact whatsoever' with the United States. By 8 PM, the S&P 500 dropped 120 points, wiping out $1 trillion in market value. This means the S&P 500's market value fluctuated by $3 trillion in just 56 minutes. (The Kobeissi Letter)