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Wednesday, April 15, 2026

American Market Recap: S&P 500 rises above 7000 to new record high. Was there a tell at the war bottom?

Wednesday, 15 Apr, 2026

Stocks

S&P 500 rises above 7000 to new record high. Was there a tell at the war bottom?

The S&P 500 is trading up 34 points to 7001, edging above the previous record set January 28. SPX daily That's an impressive gain in just 11 trading days since the March 30 low. It begs the questi

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Central Banks

ECB sources report: Policymakers wary of April rate hike

Reuters is out with an ECB sources report that says they're wary of hiking in April as there is no evidence yet of second-round effects. Yesterday, the market had been pricing in a 39% chance of a hik

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Stocks

A look at the incredible 11-day rally in the Nasdaq

The Nasdaq is on a run for the ages as the market quickly shifted from fear of an oil shortage to enthusiasm about peace. It's an 11-day day rally in the tech index that has seen some huge gains and a

Forex

Japan's Katayama said she spoke with Bessent about currencies

Japanese Finance Minister Satsuki Katayama has repeatedly warned of "bold actions" and "firm" responses to "excessive" yen volatility as it approaches the 160 per dollar mark. Now she reveals she h

News

US and Iran said to be weighing two-week ceasefire extension

This is nothing really new as AP reported hours ago that a two-week ceasefire was on the table. At the moment, all the headlines are pointing towards peace. Despite that, there are some more equity bi

Stock market update

Tech sector rallies: Microsoft and Broadcom drive upward momentum

The US stock market is buzzing with activity today as the tech sector shows significant strength. With giants like Microsoft and Broadcom posting impressive gains, the market landscape is increasingly

News

US EIA weekly crude oil inventories -913K vs +154K expected

Prior was +3081K Gasoline -6328K vs -2077K expected Distillates -3122K vs -2437K expected The oil market has bigger things to worry about than this but there are around 100 VLCC's heading to the US Gu

News

US NAHB April housing market index 34 vs 37 expected

Prior was 38 Single family 37 vs 42 prior Prospective buyers 22 vs 25 prior Sales expectations 42 vs 49 prior The US housing industry is in a deep recession and rising rates following the Iran war are

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News

Ceasefire in Lebanon will be approved tonight - report

Al Mayadeen cites a senior "Iranian political-security source" who says that a ceasefire in Lebanon will be approved tonight. The source also says it's "possible" that Netanyahu may move to undermine

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