U.S. stocks posted modest gains Monday as investors tracked ceasefire talks in the Middle East and waited on President Donald Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz.
Key Takeaways:
The S&P 500 gained 0.4% Monday but remains 4% below pre-conflict levels as Iran tensions persist. Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz keeps oil near $103 a barrel (WTI). JPMorgan Chase CEO Jamie Dimon flagged inflation risks ahead of Friday’s March CPI report. S&P 500 Rises for Fourth Straight Day Amid Iran Strait of Hormuz Standoff
