Briefing

Market Snapshot
Dow 46564.63 +224.23 (0.48%)
Nasdaq 21840.96 +250.32 (1.16%)
SP 500 6577.41 +46.80 (0.72%)
10-yr Note 
NYSE Adv 1791  Dec 951  Vol 1.30 bln
Nasdaq Adv 3083  Dec 1718  Vol 8.83 bln

Industry Watch
Strong: Industrials, Materials, Communication Services, Information Technology, Health Care
Weak: Energy, Consumer Staples

Moving the Market

--Lingering optimism around a potential end to the conflict in Iran

--Oil prices moving lower again today

--Broad strength and solid leadership across mega-cap and tech names



  • Broad market gains driven by ceasefire hopes between U.S. and Iran.
  • Major averages saw a midday pullback due to conflicting negotiation reports, then stabilized.
  • DJIA briefly traded above its 200-day moving average but failed to close above it.
  • Oil prices retreated, settling lower and continuing downward post-session.
  • Energy sector faced a sharp retreat; consumer staples also lower.
  • Communication Services and Information Technology sectors led gains.
  • Mega-cap stocks showed continued strength.
  • Semiconductor names performed strongly, boosting the IT sector.
  • NIKE plunged due to weak guidance despite topping earnings.
  • Eli Lilly surged on FDA approval of new weight-loss drug.
  • Geopolitical uncertainty remained high, awaiting President Trump's address.
  • U.S. Treasuries saw narrow range volatility with slim losses.
  • Key economic data: strong ADP Employment Change, solid Retail Sales, ongoing manufacturing expansion with price increases.
  • Market looks to start Q2 on a higher note after March losses.
  • Upcoming market closure for Good Friday.

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