To The Moon

Markets Rally as Strait of Hormuz Reopens

Stocks surged again as fresh peace developments boosted investor confidence. Iran’s announcement that the Strait of Hormuz has reopened to commercial traffic triggered a strong market reaction, reversing the earlier “war trade” that had weighed on equities and pushed oil prices above $100.

The shift sent travel-related stocks sharply higher, with airlines and cruise companies leading gains.

Nasdaq Extends Historic Winning Streak

The $NASDAQ(.IXIC)$ rose 1.5% on Friday, marking its 13th consecutive gain, matching its longest winning streak since 1992. The index climbed 6.8% for the week, closing at a new record high.

The $S&P 500(.SPX)$ also reached record levels, gaining 4.5% for the week, while the Dow Jones Industrial Average jumped 1,531 points, or 3.2%.

Index

• Top Gainer: $Royal Caribbean Cruises(RCL)$ +7.3%

• Biggest Loser: LyondellBasell Industries -12.0%

• Best Sector: Consumer Discretionary +2.0%

• Worst Sector: Energy -2.9%

Oil Prices Tumble Sharply

Energy markets moved in the opposite direction. Oil prices dropped significantly as supply concerns eased:

• West Texas Intermediate crude fell $10.84, or 11.4%, in a single session

• Oil prices are now hovering near $80 per barrel

The decline reflects reduced geopolitical risk and improved expectations for global supply flows.

Earnings Strength Adds Fuel to the Rally

While geopolitics sparked the rally, strong corporate earnings are helping sustain it.

So far, about 10% of S&P 500 companies have reported first-quarter results, and 88% have beaten Wall Street expectations. That is well above the 10-year average of 76%, according to FactSet.

This strong start suggests that corporate fundamentals remain solid despite recent volatility.

Big Tech Earnings Could Decide the Next Move

The rally now faces a key test. Major technology companies are set to report earnings in the coming weeks, including most of the “Magnificent Seven,” excluding $NVIDIA(NVDA)$

Their results will likely determine whether markets can continue pushing higher or pause after the recent surge.

Markets are rallying on a combination of easing geopolitical tensions and strong earnings performance.

However, with major tech results ahead, the next phase of the rally will depend on whether earnings can justify the optimism.

[Salute]

If you found this summary helpful, be sure to like, comment and subscribe to stay informed on the economic trends shaping markets.

This summary is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making investment decisions.

[Salute]

@TigerStars

@TigerEvents

@Tiger_comments

@CaptainTiger

@TigerCommunity