U.S. stock markets closed higher on Tuesday buoyed by market participants’ expectations of a possible solution to the Middle East geopolitical conflicts. Moreover, the first-quarter 2026 earnings season started on a positive note. All three major stock indexes ended in positive territory.
The Dow Jones Industrial Average (DJI) rose 0.7% or 317.74 points to close at 48,535.99.
Inflation surged in March to its highest level in nearly a year, driven largely by rising energy prices amid the conflict with Iran. While the increase was anticipated, it creates a significant dilemma for the Federal Reserve as it considers its next steps on monetary policy after pausing rate cuts earlier this year.
» Read more about: 3 Large-Cap Value Funds to Grab as Inflation Continues to Surge »
Tesla (TSLA +6.91%) stock jumped 7.6% through 12:35 p.m. ET Wednesday, one week before the electric car leader announces Q1 earnings results, and just minutes after two Wall Street analysts published cautious comments about what to expect from those results.
Image source: Tesla.
Ever since the Iran war started on Feb. 28, the news has been full of alarming headlines, dire predictions, and tragic stories of human suffering. The price of oil had spiked to over $110 a barrel, the Federal Reserve has paused interest rate cuts due to worries about higher inflation, and the world is facing uncertainty about when (or if) the Strait of Hormuz will be open to economically vital shipments of oil and gas anytime soon.
NEW YORK (AP) — U.S. stocks are flirting with a record Wednesday following their big rally the last two weeks on hopes that the global economy can avoid a worst-case scenario because of the U.S.-Iran war.
The S&P 500 rose 0.4% and was on track to eclipse its all-time high set in January.
» Read more about: Wall Street flirts with a record after adding to its weekslong rally »
The competition between OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) doesn’t appear to be cooling off.
In a memo to staff published by The Verge, OpenAI’s chief revenue officer Denise Dresser outlined a number of priorities for the company’s sales org this quarter,
Investors interested in stocks from the Medical – Biomedical and Genetics sector have probably already heard of Biogen Inc. (BIIB) and Techne (TECH). But which of these two stocks is more attractive to value investors? We’ll need to take a closer look to find out.
Everyone has their own methods for finding great value opportunities,
» Read more about: BIIB or TECH: Which Is the Better Value Stock Right Now? »
Technology remained one of the strongest areas of the market. Broadcom rose after Meta extended its custom chip partnership, while software shares also advanced as investors returned to names that had fallen earlier in the year. Oracle, Microsoft, Palantir, Datadog, ServiceNow, and Salesforce were among the companies that added to the sector’s rebound.
WASHINGTON, April 14 (Reuters) – Prosecutors from U.S. Attorney Jeanine Pirro’s office made a surprise visit on Tuesday to the Federal Reserve’s headquarters renovation project, as the Trump administration continues its pressure campaign against the central bank.
The unscheduled visit was confirmed by a spokesperson for Pirro’s office and was first reported by The Wall Street Journal.
» Read more about: US prosecutors make surprise visit to Federal Reserve office »