Monday, April 6, 2026
Market Intelligence for American Stocks Professionals
Trump's Iran threat rattles markets as oil climbs
President Donald Trump warned Iran could be "taken out in one night," reigniting geopolitical risk and pushing Brent crude to roughly $110 a barrel. U.S. equities posted modest gains—S&P 500 up 0.3%, Dow up 0.2%, Nasdaq up 0.5%—while Australian futures slipped about 1.1% at the open.
$NDX $SPX futures holding steady despite the ramp up in rhetoric over the weekend is a good sign. The stock market is severely washed out, we may get a retest or a marginal new low but on watch for a volatile bottom formation over the following few weeks.

"The Nasdaq 100’s forward price-to-earnings ratio (P/E) has compressed by 23% since the highs at the end of October, while the Russell 2000 P/E has only compressed by 9%." -Liz Thomas, SoFi