--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000577375.md" description: "Highlights from today’s pre-mkt summary: Stocks rose modestly pre-market as the US and Iran considered resuming negotiations to extend the fragile ceasefire past April 22, while President Trump implemented a naval blockade of the Strait of Hormuz to curb Iran's oil exports. Brent crude fell to $98/barrel. 10-year Treasury yields slipped, and gold, silver and bitcoin all gained. $Tesla(TSLA.US) advanced 1.7% to $358 after UBS upgraded the stock to neutral. Investors’ focus shifts to bank earnings today from $JPMorgan Chase(JPM.US), $Citigroup(C.US), and $Wells Fargo(WFC.US). Investors showed cautious optimism that a resolution remains possible, viewing the blockade as less escalatory than President Trump’s infrastructure threats. I expect equities to reclaim new highs once the conflict ends, oil retreats, and slower employment growth boosts Fed rate-cut odds. S&P 500 2026 EPS estimates have risen to $324 (+17% YoY), implying a 21.2x P/E, which implies a 4.7% earnings yield vs 4.3% 10yrTY, a premium in line with historical norms." datetime: "2026-04-14T10:07:28.000Z" locales: - [en](https://longbridge.com/en/topics/100000000577375.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000577375.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000577375.md) author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344.md)" generator: "portal-rs" --- # Highlights from today’s pre-mkt summary: Stocks ro… ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [WFC.US](https://longbridge.com/en/quote/WFC.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [WFC-A.US](https://longbridge.com/en/quote/WFC-A.US.md) - [WFC-C.US](https://longbridge.com/en/quote/WFC-C.US.md) - [WFC-D.US](https://longbridge.com/en/quote/WFC-D.US.md) - [WFC-L.US](https://longbridge.com/en/quote/WFC-L.US.md) - [WFC-Y.US](https://longbridge.com/en/quote/WFC-Y.US.md) - [WFC-Z.US](https://longbridge.com/en/quote/WFC-Z.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**