The WTI crude oil market continues to be highly news driven, with prices reacting to updates related to the U.S.–Iran conflict and White House announcements.

Stocks look to extend the recent rally further as optimism over Iran negotiations trump higher oil prices.

Netflix and Taiwan Semiconductor lead the earnings charge today after a record high for the S&P 500 Wednesday. Strong corporate results and hopes for peace talks keyed the rally.

More bank and semiconductor earnings await investors after major indexes neared all-time highs on peace hopes. Tech shares are back on the upswing, fueling improved sentiment.

JPMorgan Chase and other major banks report before the open, with PPI also due after a rally to begin the week. The S&P 500 Index is now above where it was before the war began.

Major indices are on track to post the largest weekly gain in several months on news of a two-week ceasefire between the U.S. and Iran. However, successful negotiations still require some work, and uncertainty about the economic implications remain.

Friday's March payrolls data that showed jobs growth of 178,000 sent bond yields higher in holiday trading. This week brings key inflation reports and earnings from Delta.

Although municipal bonds pay interest that is generally exempt from federal and state income taxes, it's not always free from all taxes.

Stocks start 2026 on a four-day skid after another drop Wednesday amid little news. Trading could be light between the holiday and the weekend. No major data or earnings are due.