Major stock indexes ended sharply higher Wednesday as investors' concerns about the conflict in the Middle East dissipated.

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Stocks fluctuated March 2 in the wake of the U.S. and Israel attacks on Iran, signaling investors' concerns about potential long-term impacts.

Stocks end higher Wednesday, staging a rebound after a pullback on Iran war fears. Oil prices were easing their climb on Wednesday afternoon, after a big jump this week.

South Korea’s stock market has suffered its steepest fall in history amid the widening fallout of the United States-Israeli war on Iran. The benchmark KOSPI index plummeted 12.06 percent on Wednesday,

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Gas prices rose and the stock market took a hit as the U.S. feels impacts of continued Middle Eastern conflict.

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American Airlines Group ( AAL 5.42%), a major passenger and cargo carrier, closed Thursday at $11.79, down 5.38%. The stock moved lower after bearish research highlighted fuel-cost exposure and balance sheet risk. Investors are also closely watching fuel prices and margin trends.

Following the conflict in Iran, experts say market volatility is normal. Investors are weighing a NYT report that Iran has indirectly approached the US to discuss terms for ending the conflict. America's relationship with its biggest Middle East adversary has changed dramatically over the decades.