Stock Futures Rise as S&P 500 Recovers Iran War Losses
- Stock indices recovered all losses sustained since the start of the conflict between the United States and Iran as of April 13, 2026.
- The recovery continued into the early hours of April 14, 2026, with stock futures ticking higher.
- The market rally occurred despite a breakdown in peace talks between the U.S.
U.S. Stock indices recovered all losses sustained since the start of the conflict between the United States and Iran as of April 13, 2026. The S&P 500 Index rose 1% on April 13, returning to levels seen before the U.S. And Israel attacked Iran in late February, leaving the index just 1.3% below its all-time high established earlier in the year.
The recovery continued into the early hours of April 14, 2026, with stock futures ticking higher. S&P 500 futures rose 0.2%, Nasdaq-100 futures climbed 0.4%, and futures tied to the Dow Jones Industrial Average added 24 points, or 0.1%.
Geopolitical Tensions and Market Resilience
The market rally occurred despite a breakdown in peace talks between the U.S. And Iran over the weekend of April 11-12, 2026. Investors showed resilience in the face of increased geopolitical uncertainty and a shaky ceasefire agreement.
President Donald Trump stated on April 13, 2026, that We’ve been called by the other side
and added that They’d like to make a deal very badly.
Tom Lee, head of research at Fundstrat Global Advisors, noted on CNBC’s Power Lunch
on April 13, 2026, that the market discounts outcomes and indicated a belief that the situation would result in a favorable outcome.
Energy Market Volatility and the Strait of Hormuz
Energy prices experienced significant volatility as the U.S. Initiated a blockade in the Strait of Hormuz to pressure Iran by preventing oil sales. Iran responded by threatening all ports in the Persian Gulf and the Gulf of Oman.
The blockade further restricted the flow of oil from the Persian Gulf to global customers, contributing to a jump in crude prices. On April 13, 2026, West Texas Intermediate crude futures settled up 2.6% at $99.08 a barrel, while Brent crude advanced more than 4% to settle at $99.36.
Despite these spikes, crude prices fell slightly heading into the session on April 14, 2026.
Corporate Earnings and Index Performance
The broader market recovery on April 13, 2026, included a 301-point, or 0.6%, gain for the Dow Jones Industrial Average and a 1.2% climb for the Nasdaq composite. Within the S&P 500, Oracle was the only stock to rise more than the index.
Investors are now shifting focus toward the start of the earnings season. On April 14, 2026, markets are awaiting reports from JPMorgan Chase and Wells Fargo.
These reports follow a mixed result from Goldman Sachs. Shares of Goldman Sachs declined on April 13, 2026, after the company reported that its first-quarter fixed income trading revenue decreased by 10% compared to the previous year.