US Stocks Extend Slight Increase
2026-04-06 14:10
By
Andre Joaquim
1 min. read
US stocks were higher on Monday as markets continued to gauge the uncertain impact of the war in Iran.
The S&P 500, the Dow, and the Nasdaq 100 gained 0.5%.
Reports emerged that US allies pressed for a last-minute deal with Iran amid a potential longer ceasefire agreement, but retaliatory rhetoric from Tehran ahead of President Trump's threat of aggressive attacks starting tomorrow maintained risks of escalation in the region.
The war maintained supply shocks in crude and product commodities, with spot crude prices in Europe having reached 2008-highs last week.
Credit costs rose as the pro-inflationary outlook was magnified by a strong jobs report released Friday and surge in manufacturing and services costs measured by the ISM, risking a hawkish response by the Fed.
Netflix gained nearly 2% on an upgrade from Goldman Sachs, and AMD gained nearly 3% to rebound from losses on the compute sector last week.