Wall Street shook off the hottest wholesale inflation reading in more than three years on Wednesday, pushing both the S&P 500 and Nasdaq Composite to fresh all-time highs as the technology trade — supercharged by a geopolitical catalyst that no one saw coming — overwhelmed the macro headwinds. The session’s defining moment was not the … Read more
Wednesday’s session was defined by escalation. The Dow fell 280 points to close at 48,861.81, its fifth consecutive losing day, as Brent crude surged nearly 7% to $118.80 per barrel after President Trump formally rejected Iran’s Hormuz reopening proposal and told aides to prepare for an extended blockade. In what was almost certainly Jerome Powell’s … Read more
Tuesday’s session delivered a sharp reality check for the AI trade. The S&P 500 dropped 0.49% to 7,138.80 and the Nasdaq Composite fell 0.9% to 24,663.80, pulling back from Monday’s record closes as a Wall Street Journal report revealed OpenAI had missed its own revenue and user targets. The news rippled through chip and AI … Read more
Global stocks retreated on Tuesday, April 21, 2026, as investors weighed an expiring US–Iran ceasefire deadline against a solid early-earnings season. The S&P 500 slipped 0.63%, European benchmarks lost between 0.6% and 1.1%, and oil held near $100 per barrel — making energy the only sector to finish the day in the green. After the … Read more