# The S&P 500 leaped 2.9% for its largest gain since May.

*business · news · 2026-03-31 · The Dallas Morning News*

## Key points

- President Trump is reportedly willing to end the U.S. campaign against Iran even if Hormuz stays closed.
- Iran's president expressed willingness to end the war if given guarantees to prevent future aggression.
- Nvidia invested $2 billion in Marvell Technology with an announced partnership, boosting Marvell’s shares 12.8%.
- McCormick is acquiring most of Unilever’s food business, including Hellmann’s, for $44.8 billion.

**Companies:** Nvidia, Eli Lilly, United Airlines, Norwegian Cruise Line Holding, Marvell Technology, Centessa Pharmaceuticals, McCormick
**Countries:** United States, Iran, Kuwait

[Read the full story on The Dallas Morning News](https://www.dallasnews.com/news/world/article/oil-steadies-and-asian-stocks-are-mostly-lower-on-22161277.php)

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