US-Iran War Fails to Halt Stock Market Rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: CNBC
- Market Resilience: Despite the ongoing US-Iran war, the S&P 500 closed above 7,400 for the first time on Monday, rebounding approximately 17% from its March low, indicating strong market confidence in economic fundamentals.
- Limited Company Impact: Analysis from Trivariate Research reveals that only 10% of the US equity market's total capitalization expects negative impacts from the US-Iran conflict, suggesting that most companies can withstand the pressures of rising oil prices.
- Strong Tech Earnings: The top ten companies in the S&P 500 now account for 34% of total profits, with earnings growth outpacing the other 493 stocks by over 40%, highlighting the robust growth potential driven by artificial intelligence.
- Increased Economic Independence: The US economy's reduced reliance on oil means that current oil price shocks have only a 0.25 percentage point impact on inflation, significantly lower than the 0.90 percentage point effect seen in the 1970s, indicating enhanced economic resilience.
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Analyst Views on GS
Wall Street analysts forecast GS stock price to fall
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 1106.370
Low
604.00
Averages
951.45
High
1100
Current: 1106.370
Low
604.00
Averages
951.45
High
1100
About GS
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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