Monthly Download: April 2026

Markets rebounded in April on ceasefire negotiations and a de-escalation in hostilities in Iran as well as strong corporate earnings. The US-Iran ceasefire took place on April 8th and generally held for the remainder of the month allowing the market to pay attention to other areas despite shipping via the Strait of Hormuz remaining at a virtual standstill. S&P 500 operating earnings once again increased from expectations at the beginning of the reporting season powered by the Mag7, Technology, Communications and Financials.