The impact of the war should not be too significant. The end of April is when most of the MAG7 will announce their Q1 earnings reports. The US stock market ultimately looks at the performance of these companies, not the war. The war can only have a short-term impact. The valuation of US stock companies is based on the discounted ability of future cash flows. Therefore, if the MAG7 reports a strong Q1 earnings report, it will not continue to decline and will extend the previous broad rise.
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