U.S. stocks rally and return to where they were before the U.S.-Iran war
Wall Street hopeful as broader ceasefire appears to be holding
- By: Stan Choe, The Associated Press
- April 13, 2026 April 13, 2026
- 09:13
Wall Street hopeful as broader ceasefire appears to be holding
The May crude oil contract dropped US$1.30 to US$96.57 per barrel
Current challenge deals with levies imposed under the Trade Act of 1974
Cheap funding, central bank support, rosy AI forecasts, FOMO and more have kept market valuations elevated — that won’t last forever
Consumer prices rose 3.3%, up from 2.4% in February
The unemployment rate remained unchanged at 6.7%
U.S. inflation has spiked due to the conflict, and consumer sentiment is slumping
Market volatility “feels worse than it's been”
It's the largest drop in asking rents in five years
"Had it not been for this shock, we would have been upgrading global growth," Georgieva says
Upward pressure on oil prices may be “here to stay for a while”: Macquarie strategists
Prices rose 2.8% in the month
The latest number was downgraded from the Commerce Department's previous Q4 estimate of 0.7%
Gains from an early "geopolitical relief rally” faded later in the day
Two-week truce sends oil prices below US$100 a barrel
Investors deeply uncertain about when the Iran war may end
Debt, equity underwriting fees rise, M&A advisory fees up too
Conservatives call for suspension of federal taxes at the pumps
Negotiations underway with Mexico, but not Canada
Investors can look beyond weapons to cybersecurity, AI and drone technology
Cleveland Fed's estimates inflation could reach 3.5% in April
Trump escalates threats against Iran, sends oil prices higher
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Private equity was identified as top choice of alternatives asset class