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US Stock Market Live Updates: Dow jumps 270 pts at open, but fragile sentiment lingers amid Iran uncertainty

Published on 21/04/2026 07:27 PM

US Stock Market Live Updates:Wall Street opened modestly higher on Tuesday, attempting a rebound after the previous session’s pullback, even as geopolitical uncertainty lingered.The Dow Jones Industrial Average rose 270 points, or 0.5%, at the open. The S&P 500 gained 0.2%, while the Nasdaq Composite advanced 0.3%, recovering slightly after all three major indices ended marginally lower on Monday. The move follows the Nasdaq snapping its 13-day winning streak—its longest since 1992—in the prior session.The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors. West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.US retail sales rose sharply in March, with spending boosted by a surge in fuel costs, according to data from the US Commerce Department.Sales increased 1.7% for the month, beating expectations and accelerating from February’s 0.6% rise. Excluding autos, sales climbed 1.9%, also topping forecasts.The gains were driven largely by a 15.5% jump in gas station receipts as pump prices surged past $4 a gallon, while furniture and home furnishings rose 2.2% and online sales edged up 1%.The control group—used in GDP calculations—rose 0.7%, pointing to steady underlying consumer demand despite rising costs.Wall Street opened modestly higher on Tuesday, attempting a rebound after the previous session’s pullback, even as geopolitical uncertainty lingered.The Dow Jones Industrial Average rose 270 points, or 0.5%, at the open. The S&P 500 gained 0.2%, while the Nasdaq Composite advanced 0.3%, recovering slightly after all three major indices ended marginally lower on Monday. The move follows the Nasdaq snapping its 13-day winning streak—its longest since 1992—in the prior session.The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors. West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.Kevin Warsh heads to Capitol Hill for a closely watched Senate hearing, where he will need to convince lawmakers he can support lower interest rates without compromising the Federal Reserve’s independence.The hearing before the Senate Banking Committee is expected to cover a wide range of issues, including monetary policy, banking regulation, and Warsh’s personal financial background.A key focus will be how he navigates the line between political pressure and central bank autonomy—a “tricky communication” challenge, according to Bill English, a former senior Fed official.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.