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Markets recover as Trump signals Iran talks still possible

MoneySavings.ca  ·  Daily Market Brief Monday, April 13, 2026  ·  End-of-day edition Markets recover as Trump signals Iran talks still possible S&P/TSX 33,696 ▲ +218 pts (+0.65%) Fri. S&P 500 6,886 ▲ +69 pts (+1.02%) Nasdaq 23,184 ▲ +1.23% Dow Jones 48,218 ▲ +302 pts (+0.63%) WTI Crude ~$104 ▲ +8.1% — elevated CAD/USD 0.7226 Roughly flat Overview North American markets closed firmly in positive territory on Monday, shaking off a rocky open that saw major indices fall more than 1% in early trading. The turnaround came after President Trump stated that the U.S. had been "called by the other side," hinting that Iranian officials may still be open to negotiation despite weekend talks in Islamabad collapsing without a deal. For Canadian...
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Wall Street Ends a Volatile Week Almost Where It Started

 

After a tumultuous week that saw sharp swings and market uncertainty, Wall Street managed to claw back some losses and finish almost where it began. Here are the key takeaways:

  1. Steady Recovery: The S&P 500 index showed resilience, gaining 0.3% on Friday. This followed its best day since 2022, and it’s now close to erasing the brutal losses suffered earlier in the week.

  2. Mixed Performance: The Dow Jones Industrial Average also edged up by 25 points (0.1%), while the Nasdaq composite rose 0.2%. Both indexes are still on track for slight weekly losses.

  3. Market Factors: The Japanese yen’s sudden strengthening caused turbulence as traders scrambled out of a popular trade. Additionally, concerns about a slowing U.S. economy weighed on investor sentiment.

  4. Upcoming Reports: Next week, investors will closely watch updates on consumer spending at U.S. retailers. These reports could drive further market swings.

In summary, Wall Street weathered a stormy week, and while uncertainties remain, it’s poised for stability as we head into the next trading days. 


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