🟣📆🇺🇸 Pre-Market - 04/14: Moderate rebound as oil prices fall and focus shifts to Iran

Global stocks open higher, with modest gains, while oil falls back below $100. The main driver is the geopolitical front: the U.S. and Iran continue to negotiate, and although no agreement has been reached, both sides acknowledge progress.

The market reacted positively to the clarification regarding the Strait of Hormuz: the blockade would be limited to Iranian ports and not to global transit. That distinction was key to easing concerns about a supply shock and explains why volatility continues to decline even with an active military presence.

In this context, the S&P 500 has already recovered to pre-conflict levels, banks are leading the gains, and the focus is beginning to shift toward earnings. Several heavyweights are reporting today, following a solid kickoff from Goldman Sachs.