77%
IsItCap Score
Truth Potential MeterGenerally Credible
Generally Credible
nytimes.com
S&P 500 Hits Record High as Stock Market Looks Beyond Iran War - The New York Times
“As corporate earnings are the biggest driver of stock returns, this level of steadfast earnings growth is an incredibly positive sign given that the market has been hammered in the first quarter by the effective closure of the Strait of Hormuz, which has sent oil prices skyrocketing to some of their highest levels in decades,” said Hardika Singh, a strategist at Fundstrat. JPMorgan Chase, the banking bellwether, on Tuesday reported a $17 billion profit for the first three months of the year, considerably more than analysts expected. The bank slightly lowered its forecast for profits in the remainder of the year, but still expects to earn more than $100 billion. Its executives expressed worry about energy costs weighing on consumers but stressed that the labor market remained healthy.
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nst.com.my
S&P 500, Nasdaq hit record highs on extended US-Iran ceasefire | New Straits Times
Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions, which have increased inflationary expectations. "Markets continue to look through these risks because the global economy and corporate earnings remain relatively resilient," said Jitania Kandhari, deputy CIO, solutions and multi-assets, at Morgan Stanley Investment Management. "Geopolitical instability could ultimately accelerate spending in areas tied to AI, including cybersecurity, defence technology, energy infrastructure and supply-chain resiliency, reinforcing the long-term investment case."
euronews.com
S&P 500 and Nasdaq hit new all-time highs despite Iran war effects | Euronews
The benchmark US equity indices ... de-escalation and corporate strength. ... On Wednesday the S&P 500 closed 0.8% higher at <strong>7,022 points</strong>, up on the day and surpassing its previous peak from January of this year....
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news.northeastern.edu
The Iran War is causing market swings. Can it bounce back?
Recent market fluctuations have prompted questions about whether a monthslong market rally is beginning to crack, or simply entering another familiar cycle of volatility driven by geopolitical shocks. Following the U.S.-Israeli strikes on Iran, the Dow Jones Industrial Average, the Nasdaq Composite and the S&P 500 slid toward correction territory this week. (AP Photo/Seth Wenig) ... Copy Link Link Copied! ... Record stock market highs seen over the first six months of the Trump administration were interspersed with pangs of instability driven largely by tariffs.
intellectia.ai
Strait of Hormuz Crisis 2026: Oil Prices Plunge & S&P 500 Record Highs
The 2026 Strait of Hormuz crisis ... disrupt 25% of the world's seaborne oil supply, <strong>Iran's announcement to reopen the critical waterway triggered an 11% plunge in oil prices and propelled the S&P 500 to new all-time highs</strong>......
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reuters.com
S&P 500 closes at fresh record, recovering all losses since start of US-Iran war | Reuters
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 8, 2026. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab · April 15 (Reuters) - The S&P 500 (.SPX), opens new tab closed at a new record high Wednesday, its first since the U.S.-Iran conflict began, as hopes of a de-escalation in the war and robust earnings expectations drew investors back into risk assets.
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