{"id":429802,"date":"2026-04-24T03:40:05","date_gmt":"2026-04-23T20:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/investinglive-americas-market-news-wrap-oil-continues-to-rise-as-irans-unity-questioned\/"},"modified":"2026-04-24T03:40:05","modified_gmt":"2026-04-23T20:40:05","slug":"investinglive-americas-market-news-wrap-oil-continues-to-rise-as-irans-unity-questioned","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/investinglive-americas-market-news-wrap-oil-continues-to-rise-as-irans-unity-questioned\/","title":{"rendered":"investingLive Americas market news wrap: Oil continues to rise as Iran&#8217;s unity questioned"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-initial-jobless-claims-214k-vs-210k-expected-20260423\/\">US initial jobless claims 214K vs 210K expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-april-sp-global-services-index-513-vs-503-expected-20260423\/\">US April S&amp;P Global services index 51.3 vs 50.3 expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/dont-rush-me-trump-says-when-asked-about-iran-20260423\/\">&#8220;Don&#8217;t rush me&#8221; Trump says when asked about Iran<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/trump-says-iran-is-having-a-very-hard-time-figuring-out-who-their-leader-is-20260423\/\">Trump says Iran is having a very hard time figuring out who their leader is<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/trump-says-he-orders-attack-on-any-boat-placing-mines-in-strait-of-hormuz-20260423\/\">Trump says he orders attack on any boat placing mines in Strait of Hormuz<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/trump-says-hes-not-anxious-to-end-the-war-he-has-all-the-time-in-the-world-20260423\/\">Trump says he&#8217;s not anxious to end the war, he has all the time in the world<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-supreme-leader-says-enemies-have-campaign-to-target-national-unity-20260423\/\">Iran supreme leader says enemies have campaign to target national unity<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-deploys-fresh-mines-in-the-strait-of-hormuz-report-20260423\/\">Iran deploys fresh mines in the Strait of Hormuz &#8211; report<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/forex\/snb-vice-chair-we-have-a-greater-willingness-to-intervene-in-the-fx-market-20260423\/\">SNB vice chair: We have a greater willingness to intervene in the FX market<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-parliamentary-speaker-ghalibaf-resigns-from-negotiations-israel-media-report-20260423\/\">Iran parliamentary speaker Ghalibaf resigns from negotiations &#8211; Israel report (denied)<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/canada-march-ppi-24-mm-vs-19-expected-20260423\/\">Canada March PPI +2.4% m\/m vs +1.9% expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/pakistani-officials-blame-blockade-not-iran-divisions-for-stalled-talks-20260423\/\">Pakistani officials blame blockade, not Iran divisions, for stalled talks<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>Gold down $47 to $4690<\/li>\n<li>US 10-year yields up 3.1 bps to 4.325%<\/li>\n<li>S&amp;P 500 down 30 points, or 0.4%<\/li>\n<li>USD leads, NZD lags<\/li>\n<li>WTI crude oil up $4.00 to $96.96<\/li>\n<\/ul>\n<p>In terms of the war, no one really knows what is going on. Trump keeps saying he&#8217;s waiting for a response from Iran on negotiating but Iran keeps saying they won&#8217;t negotiate until the blockade of Iran is lifted. Meanwhile, there is a real war of words about unity as Trump and a report from Israel today highlighted turmoil but all of Iran&#8217;s top leaders said they were united. So it&#8217;s not clear if that&#8217;s some kind of psyop but the fact that Trump talks about it non-stop makes me suspicious that not all is as it appears.<\/p>\n<p>The spikes to the extremes of the day (highs in oil, lows in stocks) came after the Israel report that Iran&#8217;s parliamentary chief had quit negotiations. There was also a brief report at the same time about Iran activating air defences and an Israeli strike but that was quickly halted and it was instead said to be a test of systems. <\/p>\n<p>There was a recovery from there but not completely. As for the economy, the comments from corporates have been mostly upbeat and the manufacturing side of the S&amp;P Global PMI was particularly strong.<\/p>\n<p>In terms of markets, oil rose for the third day with WTI up $4.00 to $96.96 and now the &#8216;strait is open&#8217; rally has been completely wiped out. Stocks fell on the day but it was a real mixed bag as there were some major winners and losers on earnings divergences. After hours, shares of INTC spiked higher as the state-backed chipmaker saw strong revenues. The short squeeze on Avis ended in dramatic fashion with a crash lower in shares.<\/p>\n<p>In FX, the euro continues to bleed lower and in bonds, Treasury yields are chopping higher, both signs of war angst.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US initial jobless claims 214K vs 210K expected US April S&amp;P Global services index 51.3 vs 50.3 expected &#8220;Don&#8217;t rush me&#8221; Trump says when asked about Iran Trump says Iran is having a very hard time figuring out who their leader is Trump says he orders attack on any boat placing mines in Strait of [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-429802","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=429802"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=429802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=429802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=429802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}