Intel's sunny results gave the entire tech sector an early boost, adding to positive feelings generated by an extended Middle East ceasefire and hope for a new set of peace talks.
Though high oil prices and war uncertainty remain, Wall Street continues trading near record highs on generally strong earnings. Intel and American Express report today.
With President Trump extending the ceasefire and no talks with Iran scheduled, Wall Street might play defense and oil prices could set the pace. Tesla and ServiceNow report later.
Last Friday's rally, driven by plunging oil prices and hopes the Strait of Hormuz would reopen, has stocks at record highs to start the week. The Fed and Tesla are in focus.
All the major indices, except for the Dow Jones, notched fresh all-time highs this week as investors waste little time to put money back into risk assets on positive Iran developments.
Iran war-related headlines continue to cause volatility in the markets and oil prices to rise, but our experts remind readers that uncertain times might also present opportunities.
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