The S&P 500 managed to just barely eke out a new record closing high as traders digested conflicting reports on US-Iran negotiations.

Hopes of an imminent peace deal with Iran and reports that the US Navy has restarted shepherding vessels through the Strait of Hormuz sent stocks…

The benchmark index is on its longest weekly winning streak since 2023.

Stocks managed to eke out a gain while the price of oil dipped as traders evaluated the progress on a deal with Iran.

All eyes are on tonight’s Q1 2027 earnings from the world’s largest company.

Yields on 30-year Treasurys hit the highest level in 19 years as inflation worries due to elevated oil prices sparked fears of a rate hike.

Stocks fell as memory and semiconductor shares declined, along with five of the Magnificent 7 names.

Tech fell and oil rose, while investors grew concerned that oil supply disruption from the ongoing closure of the Strait of Hormuz could drive inflation.

Gains in AI-linked names helped stocks close at new record highs.

Traders ignored the surprise spike in producer prices and piled back in to the AI trade.