Major US Indexes Gain Monday as Iran Ceasefire Talks Ease Market Fears – Market Updates Bitcoin News
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Key Takeaways: The S&P 500 gained 0.4% Monday but remains 4% below pre-conflict levels as Iran tensions persist. Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz keeps oil near $103 a barrel (WTI). JPMorgan Chase CEO Jamie Dimon flagged inflation risks ahead of Friday’s March CPI report. S&P 500 Rises for Fourth Straight Day Amid Iran Strait of Hormuz Standoff The Dow Jones Industrial Average climbed 137 points, or 0.3%, while the S&P 500 gained 0.4% and the Nasdaq Composite added 0.5%. The S&P 500 extended its fourth consecutive day of gains but remains roughly 4% below levels seen before the U.S.-Iran conflict escalated. Mediators from Egypt, Pakistan and Turkey floated truce proposals over the weekend, including a 45-day ceasefire framework and a plan to reopen the Strait of Hormuz. Conflicting reports say Iran signaled willingness to negotiate access through the waterway, which handles about one-fifth of global oil and liquefied natural gas trade. Other reports note ceasefire talks have been rejected. Dow Jones Industrial Average (DJI) on April 6, 2026 at market close. Trump called Iran “an active, willing participant” in talks but said its counterproposal fell short. He repeated threats Monday that the U.S. could strike Iranian infrastructure and warned the country could be taken out “in one night” if the strait remained closed past his deadline. West Texas Intermediate crude settled near $103 a barrel and Brent crude near $109. Oil prices swung through the session before closing with modest gains as traders weighed supply disruption risks against any prospect of de-escalation. Technology and consumer staples led sector gains. Ciena Corp., Lumentum, Seagate Technology and Netflix all posted advances. Utilities including CMS Energy and Entergy touched new 52-week highs. Energy shares moved higher on ongoing supply disruption concerns. Consumer discretionary lagged, and Keurig Dr…
Filed under: News - @ April 6, 2026 9:20 pm