The US stock market closed hig-To The Moon - Tiger Brokers Online Investing Community - To The Moon

The US stock market closed higher on Monday, April 13, 2026, as investors shook off a volatile morning session and found optimism in signs of continued diplomatic dialogue between the US and Iran.Despite an early dip triggered by a weekend breakdown in ceasefire talks and the announcement of a naval blockade in the Strait of Hormuz, all major indexes finished in the green.

Major Index Performance

S&P 500 closes at 6,886.24 up by +69.35, +1.02%

Nasdaq Composite closes at 23,183.74, up +280.84, +1.23%

Dow Jones Industrial closes at 48,218.25 up by +301.68, +0.63%

Russell 2000 (Small Caps) closes at 2,670.49, up +39.90, +1.52%

Key Market Drivers

Geopolitics & Oil: Markets opened under pressure after President Trump announced a blockade of Iranian ports. Crude oil briefly jumped above $100 per barrel. However, prices pared those gains (WTI settled back near $100) after clarifications that the blockade would not target all traffic in the Strait of Hormuz, and reports emerged of ongoing talks in Pakistan.

Tech Recovery: Software and AI-related stocks staged a relief rally. Oracle led the S&P 500 with a 11.8% gain, while Sandisk jumped 10.6% on news it would replace Atlassian in the Nasdaq 100.

Earnings Kickoff: The Q1 earnings season began with mixed results. Goldman Sachs reported a strong earnings beat but saw its stock fall 3.8% as investors focused on weaker-than-expected revenue in its fixed-income trading division.

Housing Slump: Data showed U.S. existing home sales fell to an annualized rate of 3.98 million in March, the weakest Q1 average since 2009. However, the median sales price rose to $408,800, hitting a record for the period.

Looking Ahead

Investors are shifting focus toward tomorrow’s Producer Price Index (PPI) report, which is expected to show a sharp 1.2% rise in wholesale prices due to recent energy spikes. Major banks like JPMorgan Chase and Citigroup are also slated to report later this week.

$S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $Global X Dow 30 Covered Call ETF(DJIA)$ $RUSSELL 2000 SOURCE ETF(IRSTF)$

💰Stocks to watch today?(17 Apr）

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DaveLewis
04-14
DaveLewis
Solid rebound despite the rocky start! [开心]
beyondantares
04-14
beyondantares
Great article, would you like to share it?

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However, the median sales price rose to $408,800, hitting a record for the period.</p>\n<p>Looking Ahead</p>\n<p>Investors are shifting focus toward tomorrow’s Producer Price Index (PPI) report, which is expected to show a sharp 1.2% rise in wholesale prices due to recent energy spikes. 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However, the median sales price rose to $408,800, hitting a record for the period.</p>\n<p>Looking Ahead</p>\n<p>Investors are shifting focus toward tomorrow’s Producer Price Index (PPI) report, which is expected to show a sharp 1.2% rise in wholesale prices due to recent energy spikes. 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[开心]","text":"Solid rebound despite the rocky start! [开心]","html":"Solid rebound despite the rocky start! 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