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From Oil Shock To Earnings Pop
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From Oil Shock To Earnings Pop

Seeking Alpha·Hoya Capital·23 days ago
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Home Dividends Analysis REITs Analysis Summary U.S. equity markets extended their record-setting rally as oil prices retreated, with investors balancing tentative U.S.-Iran peace progress against resilient domestic growth and upbeat corporate earnings momentum. Energy-shock fears eased on reports of a potential U.S.-Iran peace framework, though clashes near the Strait of Hormuz underscored the fragility of the monthlong ceasefire. Crude oil prices dipped 7%. Nonfarm payrolls data showed back-to-back monthly job gains for the first time in nearly a year, while first-quarter profit growth tracked toward its strongest expansion since 2021. Notching fresh record highs, the S&P 500 gained 2.4% for its sixth straight weekly advance, while the Nasdaq 100 surged 5.5% as mega-cap tech and AI leadership reasserted dominance.…

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