NYSE closed mixed ahead of US-Iran ceasefire talks. Dow fell 0.56%, S&P 500 down 0.11%, Nasdaq rose 0.35%. March CPI surged 0.9% month-over-month due to oil prices.
NYSE opened mixed as investors digested March CPI data ahead of US-Iran ceasefire talks. TSMC surged on record revenue while ServiceNow declined on competition concerns.
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Middle East War and Super El Niño Raise Agflation Concerns
Iran war disrupts fertilizer supply chains while climate scientists warn of a strong El Niño in late 2026, threatening food security and potentially driving agricultural commodity prices higher.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.
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