US Stocks Close Higher

2026-04-13 20:18 By Anna Fedec 1 min. read

US equities closed higher on Monday, tracking a slight trim in benchmark oil prices and a pullback in yields as investors hoped that a deal would eventually be reached between the US and Iran.

The S&P 500 and the Nasdaq 100 were up more than 1% on the rally for companies in software and applications, while the Dow gained more than 300 points.

Although the US failed to reach an agreement with Iran over the weekend, prompting President Trump to announce a blockade targeting Iranian oil shipments, Trump later stated that Iran had reached out and is now seeking to resume negotiations.

Oracle surged more than 12% and Palantir, Crowdstrike, and ServiceNow were up over 5%.

Meanwhile, banks and asset managers were mixed ahead of their earnings this week, set to unveil risks on higher yields and vulnerabilities to private credit stress.

Goldman Sachs was the first to report, sliding as much as 4% as it missed revenue estimates for fixed-income, currencies, and commodity trading.



News Stream
US Futures Steady After Strong Session
US stock futures held steady on Tuesday after the major averages posted strong gains in the previous session, with the S&P 500 erasing losses since the Iran war began. Market sentiment was buoyed by optimism over a potential longer-term agreement between the US and Iran, despite the collapse of peace talks over the weekend. Trump said Tehran had reached out to Washington just hours after the US initiated a naval blockade of Iranian oil shipments in the Strait of Hormuz. During Monday’s regular session, the Dow rose 0.63%, while the S&P 500 and Nasdaq Composite advanced 1.02% and 1.23%, respectively. Nine of the 11 S&P sectors closed higher, led by gains in financials, technology, and consumer discretionary stocks. Investors are now focused on upcoming earnings reports from major banks, including JPMorgan Chase and Wells Fargo. Meanwhile, Goldman Sachs dropped nearly 2% on Monday after missing revenue estimates in its fixed-income, currencies, and commodities trading division.
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The Dow Jones Index Closes 0.63% Higher
The Dow Jones Index rose 302 points or 0.63 percent on Monday to close at 48218 points. Leading the gains are Salesforce (4.76%), Microsoft (3.63%) and American Express (3.22%). Top losers were Goldman Sachs (-1.83%), Walmart (-1.73%) and Verizon (-1.46%).
2026-04-13
US Stocks Close Higher
US equities closed higher on Monday, tracking a slight trim in benchmark oil prices and a pullback in yields as investors hoped that a deal would eventually be reached between the US and Iran. The S&P 500 and the Nasdaq 100 were up more than 1% on the rally for companies in software and applications, while the Dow gained more than 300 points. Although the US failed to reach an agreement with Iran over the weekend, prompting President Trump to announce a blockade targeting Iranian oil shipments, Trump later stated that Iran had reached out and is now seeking to resume negotiations. Oracle surged more than 12% and Palantir, Crowdstrike, and ServiceNow were up over 5%. Meanwhile, banks and asset managers were mixed ahead of their earnings this week, set to unveil risks on higher yields and vulnerabilities to private credit stress. Goldman Sachs was the first to report, sliding as much as 4% as it missed revenue estimates for fixed-income, currencies, and commodity trading.
2026-04-13