{"id":126314,"date":"2026-04-27T15:22:20","date_gmt":"2026-04-27T11:22:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126314"},"modified":"2026-04-27T15:22:56","modified_gmt":"2026-04-27T11:22:56","slug":"wall-street-holds-its-breath-iran-talks-stall-earnings-wave-builds-and-powells-final-fed-meeting-looms","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-holds-its-breath-iran-talks-stall-earnings-wave-builds-and-powells-final-fed-meeting-looms\/04\/27\/market-updates\/","title":{"rendered":"Wall Street Holds Its Breath: Iran Talks Stall, Earnings Wave Builds, and Powell&#8217;s Final Fed Meeting Looms"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Futures muted:<\/strong> Dow E-minis slipped 42 points (-0.09%), S&amp;P 500 E-minis traded flat, while Nasdaq 100 E-minis edged up 41.75 points (+0.15%).<\/li>\n\n\n\n<li><strong>Diplomatic setback:<\/strong> Trump canceled a planned trip by two U.S. envoys to Pakistan, dimming hopes for a near-term resolution to the U.S.-Iran war.<\/li>\n\n\n\n<li><strong>Earnings season impresses:<\/strong> Of the 139 S&amp;P 500 firms reporting so far, 81.3% have topped earnings expectations \u2014 above the 78.1% four-quarter average.<\/li>\n\n\n\n<li><strong>Caveat on results:<\/strong> Analysts warn the strong numbers may not be a reliable guide, reflecting only one month of war-related disruption.<\/li>\n\n\n\n<li><strong>Market divergence:<\/strong> Equity investors are pivoting back to the AI trade, while commodity participants warn the war&#8217;s shock is being severely underestimated.<\/li>\n\n\n\n<li><strong>Oil still elevated:<\/strong> Brent crude rose 1.5% Monday and remains 49% above pre-war levels.<\/li>\n\n\n\n<li><strong>Fed in focus:<\/strong> Powell&#8217;s likely final meeting as Chair this week, with economists expecting at least a six-month wait before any rate cuts.<\/li>\n\n\n\n<li><strong>Stock movers:<\/strong> Qualcomm jumped 11.2% and Intel added 2.9% after Friday&#8217;s 23.6% surge, while Domino&#8217;s Pizza dropped 4% on missed Q1 sales estimates.<\/li>\n<\/ul>\n\n\n\n<p>Wall Street futures traded in a subdued tone on Monday as peace negotiations between the United States and Iran ground to a halt, while investors braced for an avalanche of corporate earnings and commentary from this week&#8217;s Federal Reserve meeting.<\/p>\n\n\n\n<p>U.S. President Donald Trump canceled a planned visit by two American envoys to Pakistan, delivering a fresh setback to prospects for a peace breakthrough. With a deal to end the war still elusive, investors have taken reassurance from a steady stream of solid earnings reports so far.<\/p>\n\n\n\n<p>Of the 139 S&amp;P 500 companies that had reported results as of Friday, 81.3% beat earnings expectations, exceeding the prior four-quarter average of 78.1%, according to data from LSEG.<\/p>\n\n\n\n<p>However, some analysts have raised questions about how reliable the figures are as a barometer of future performance, given that they capture only a single month&#8217;s worth of disruption tied to the Middle East war.<\/p>\n\n\n\n<p>At 6:46 a.m. ET, Dow E-minis were down 42 points, or 0.09%; S&amp;P 500 E-minis were flat; and Nasdaq 100 E-minis were up 41.75 points, or 0.15%.<\/p>\n\n\n\n<p>Brent crude futures were trading 1.5% higher on Monday and continue to hover roughly 49% above pre-war levels.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Powell&#8217;s Swan Song at the Fed<\/h2>\n\n\n\n<p>Investors will also be tuning in to remarks from Federal Reserve policymakers, who are gathering in Washington this week for what is widely expected to be Jerome Powell&#8217;s final meeting as head of the U.S. central bank.<\/p>\n\n\n\n<p>A Reuters poll of economists conducted last week showed that the Fed is expected to hold off for at least six months before delivering any interest rate cuts this year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Stocks on the Move<\/h2>\n\n\n\n<p>In premarket trading, Qualcomm climbed 11.2%, while Intel rose 2.9% \u2014 extending its remarkable 23.6% surge from the previous session.<\/p>\n\n\n\n<p>Domino&#8217;s Pizza slipped 4% after the pizza chain came in short of first-quarter sales estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Futures muted: Dow E-minis slipped 42 points (-0.09%), S&amp;P 500 E-minis traded flat, while Nasdaq 100 E-minis edged up 41.75 points (+0.15%). Diplomatic setback: Trump canceled a planned trip by two U.S. envoys to Pakistan, dimming hopes for a near-term resolution to the U.S.-Iran war. Earnings season impresses: Of the 139 S&amp;P 500 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":82387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-126314","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126314"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126314\/revisions"}],"predecessor-version":[{"id":126315,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126314\/revisions\/126315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/82387"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}