{"id":396763,"date":"2026-04-17T09:26:12","date_gmt":"2026-04-17T09:26:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/396763\/"},"modified":"2026-04-17T09:26:12","modified_gmt":"2026-04-17T09:26:12","slug":"stocks-rise-as-sp-500-eyes-third-week-of-3-gain-markets-wrap","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/396763\/","title":{"rendered":"Stocks Rise as S&#038;P 500 Eyes Third Week of 3% Gain: Markets Wrap"},"content":{"rendered":"<p>        This content was published on    <\/p>\n<p>        April 17, 2026 &#8211; 11:04\n<\/p>\n<p>(Bloomberg) \u2014 Equities are pushing higher as growing speculation that a deal to end the war between the US and Iran is nearing prompts traders to take on more risk.<\/p>\n<p>S&amp;P 500 futures rose 0.2% after the benchmark notched back-to-back record highs. The index is on course for a third week of gains of more than 3%, a stunning reversal following mounting signs that the US and Iran have been looking to deescalate their conflict that has roiled energy markets. Optimism over artificial intelligence and robust earnings have added to the momentum.<\/p>\n<p>Brent dropped 2% below $98 a barrel after President Donald Trump claimed that Iran has made key concessions in negotiations with the US. The dollar headed for a February low. Global bonds were mixed, with the 10-year Treasury yield falling one basis point to 4.30%.<\/p>\n<p>\u201cNow that the dust appears to be settling on events in the Middle East, market attention will once again focus back on the fundamentals, in particular earnings given that the season has just started,\u201d said Daniel Murray, deputy chief investment officer at EFG Asset Management. \u201cEarnings expectations are buoyant, consistent with solid underlying macro trends.\u201d<\/p>\n<p>For all the optimism, the key transit route for about a fifth of global crude shipments remains all but shut under US and Iranian blockades, with no clear indication of when flows will resume. Some Gulf Arab and European leaders said that a US-Iran peace deal would take about six months to be agreed.<\/p>\n<p>\u201cAs we are heading closer and closer to May, the situation becomes serious,\u201d said Andrea Gabellone, head of global equities at KBC Securities. \u201cIf no real traffic is seen by June at the latest, things will take a different turn.\u201d<\/p>\n<p>European stocks advanced 0.2% while an index of Asian shares snapped a three-day streak of wins. Alstom SA shares slid the most in over two years in Paris after the manufacturer withdrew financial guidance for this fiscal year. Netflix Inc. slumped 9% in US premarket trading after an underwhelming forecast.<\/p>\n<p>In the UK, the yield on 10-year gilts held near Thursday\u2019s levels as fresh details on Prime Minister Keir Starmer\u2019s appointment of Peter Mandelson as ambassador to the US rekindled doubts about his grip on power at home.<\/p>\n<p>Corporate News:<\/p>\n<p>A consortium including Bouygues Telecom, Iliad SA and Orange SA has entered exclusive negotiations to buy billionaire Patrick Drahi\u2019s telecom company SFR. Netflix Inc. gave a forecast for the second quarter that fell short of analysts\u2019 expectations, sending the shares tumbling in premarket trading. Ericsson AB earnings missed analysts\u2019 forecasts in the first quarter, as the Swedish company struggled in a weak market for telecommunications equipment and rising chip costs. Apple Inc.\u2019s marketing executive in charge of the Apple Watch, AirPods, health and smart home initiatives said he\u2019s retiring. Some of the main moves in markets:<\/p>\n<p>Stocks<\/p>\n<p>The Stoxx Europe 600 rose 0.2% as of 9:57 a.m. London time S&amp;P 500 futures rose 0.2% Nasdaq 100 futures rose 0.1% Futures on the Dow Jones Industrial Average rose 0.3% The MSCI Asia Pacific Index fell 0.9% The MSCI Emerging Markets Index fell 0.6% Currencies<\/p>\n<p>The Bloomberg Dollar Spot Index was little changed The euro rose 0.1% to $1.1795 The Japanese yen was unchanged at 159.17 per dollar The offshore yuan was little changed at 6.8248 per dollar The British pound was little changed at $1.3533 Cryptocurrencies<\/p>\n<p>Bitcoin rose 0.7% to $75,791.87 Ether rose 0.3% to $2,356.95 Bonds<\/p>\n<p>The yield on 10-year Treasuries declined one basis point to 4.30% Germany\u2019s 10-year yield was little changed at 3.03% Britain\u2019s 10-year yield was little changed at 4.84% Commodities<\/p>\n<p>Brent crude fell 2.1% to $97.27 a barrel Spot gold was little changed This story was produced with the assistance of Bloomberg Automation.<\/p>\n<p>\u2013With assistance from Neil Campling.<\/p>\n<p>\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 17, 2026 &#8211; 11:04 (Bloomberg) \u2014 Equities are pushing higher as growing&hellip;\n","protected":false},"author":2,"featured_media":331705,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,6144,85,46,6145],"class_list":{"0":"post-396763","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-general","10":"tag-il","11":"tag-israel","12":"tag-ticker"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/396763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=396763"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/396763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/331705"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=396763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=396763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=396763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}