Market Highlights

A fresh bout of volatility rattled markets, with stocks falling as oil rose on concern about an escalation of the conflict in the Middle East that could prolong the Strait of Hormuz closure, worsening energy disruptions. The standoff drove Brent above $105 on worries that peace talks have stalled, rhetoric is amping up and military threats are increasing. A rally in the S&P 500 paused, with the index dropping as much as 1.3% before paring its decline. In late hours, Intel Corp. surged on a strong outlook, fueling gains in chipmakers. The group notched a 17th straight advance in regular trading. Oil rose for a fifth day as concerns grew that the US and Iran were making little progress toward resuming talks on de-escalation, keeping the Strait of Hormuz effectively closed.

Stocks climbed to all-time highs as a slew of strong corporate results and President Donald Trump’s extension of a ceasefire with Iran revived risk appetites after a two-day retreat. Bitcoin rallied. The S&P 500’s 1% gain extended its advance for the month, set to be the best since 2020. Chipmakers climbed for a 16th straight day, the longest-ever winning streak. Boeing Co. surged on solid first-quarter deliveries. In late hours, Tesla Inc. jumped as earnings beat estimates. Texas Instruments Inc. gave a strong forecast for the current period. Stocks and bonds dropped as stalled US-Iran talks and the continued closure of the Strait of Hormuz drove oil prices higher, souring risk sentiment after a record rally on Wall Street.

A rebound in oil drove stocks lower as traders awaited confirmation that Iran will join the US in peace talks before a ceasefire expires, with the two sides still at odds on key issues. Equities wiped out an advance that had earlier put the S&P 500 on pace for a record. The New York Times reported that Vice President JD Vance’s trip to Islamabad has been put on hold after Tehran failed to respond to US negotiating positions. Brent hovered near $98. Treasury yields rose alongside the dollar. US equity-index futures climbed and oil dropped after President Donald Trump said he would extend the ceasefire with Iran, spurring cautious optimism among investors.

A rally in oil drove stocks lower as a turbulent weekend in the Middle East cast doubt on prospects for peace talks between the US and Iran before their fragile ceasefire deal expires. Equities fell from record highs, with the S&P 500 halting a five-day advance amid losses in several tech giants. President Donald Trump said it’s unlikely he would extend a truce with Tehran if an agreement isn’t reached before it ends, adding the Strait of Hormuz would remain blocked until an accord is finalized.Brent settled above $95. Treasuries and the dollar wavered. A rally in global equities resumed after a brief pause, as signs Iran may join talks with the US added to optimism over progress in the Middle East ahead of a looming ceasefire deadline. Oil declined.

Traders are preparing for a bumpy open to the week as a continued standoff around the Strait of Hormuz revives the uncertainty that Wall Street had been eager to look past, after a week that drove the S&P 500 Index to a record and pushed oil back toward $90 a barrel. Iran warned over the weekend that ships approaching the waterway “under any pretext” would be treated as violating the ceasefire, with its Revolutionary Guard Corps firingon commercial vessels and leaving tanker operators waiting on Tehran. The moves hardened an impasse that had appeared to ease Friday, when signals of a thaw fueled a broad rally in risk assets. Iran’s semi-official Tasnim news agency said the Islamic Republic would skip a second round of US-Iran talks in Islamabad this week while the American naval blockade remained in place, with messages still moving through intermediaries.

US stocks held onto record highs as traders digested a flurryof headlines on the conflict in the Middle East, brushing aside warnings that the US-Iran war would continue to linger for months. The S&P 500 edged up 0.3%, notching another all-time high after the benchmark closed above the 7,000 mark for the firsttime on Wednesday. President Donald Trump said prospects for a deal with Iran are “looking very good.” He said he believed Iran had agreed to terms it has long resisted, including giving up ambitions for a nuclear weapon. Tehran has not publicly confirmed it’s made those concessions A record-breaking rally in global equities stalled in Asia as investors trimmed positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire.

US stocks closed at record highs on Wednesday, as a potential peace deal in the Middle East and a strong start to corporate earnings season stoked investor optimism. The S&P 500 finished the day up 0.8%, extending a dramatic two-week surge from its late March lows. The tech-heavy Nasdaq 100 was up 1.4%, also a record. Bank of America Corp. and Morgan Stanley rose as their equity traders posted strong revenue beats. Stocks are rallying on optimism over renewed US-Iran talks, with a number of major markets erasing their war-driven declines.

Stocks surged on Tuesday, with the S&P 500 Index closing within sight of a fresh record as optimism on the possibility of further peace talks between the US and Iran pushed down oil prices. The benchmark index finished1.2% higher a day after erasing its war-driven losses, extending a rebound that has brought it to the brink of its late-January peak. The tech-heavy Nasdaq 100 rose 1.8% for a 10th straight day of gains — its longest such streak since 2021 Stocks are rallying on optimism over renewed US-Iran talks, with a number of major markets erasing their war-driven declines.

Stocks closed at session highs and were back in the green for 2026 after President Donald Trump said Iran still wanted to make a deal following a deadlock in peace talks and a US blockade of the Strait of Hormuz. Meanwhile, Goldman Sachs Group Inc. shares dropped in an underwhelming start to the earnings season. The S&P 500 rose 1% to its highest level since late February. Brent crude was up 3% at around $98 a barrel, paring earlier gains. Goldman retreated 1.9% as a revenue miss in fixed-income, currency and commodities outweighed a record haul from equities. Stocks rose and oil declined after President Donald Trump signaled a willingness to resume talks with Iran, boosting expectations for a potential deal that will ease tensions in the Middle East.

The prospect that the Iran war will reintensify after the failure of peace talks threatens to spark fresh volatility across global markets, after a week that saw a fragile ceasefire drive stocks up and oil down by the most this year. After the US and Iran were unable to reach a deal in negotiations over the weekend, President Donald Trump said the US will blockade the Strait of Hormuz. He posted on social media that “Any Iranian who firesat us, or at peaceful vessels, will be BLOWN TO HELL!” Iran, meanwhile, said it wouldn’t allow the US to blockade the waterway, which carried about a fifthof global oil and liquefied natural gas before the conflict. Oil surged while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz, heightening tensions with Iran following the collapse of weekend peace talks.