{"id":905058,"date":"2026-05-11T08:14:29","date_gmt":"2026-05-11T13:14:29","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/11\/wall-street-rushes-to-price-out-war-damage-as-stocks-hit-records\/"},"modified":"2026-05-11T08:14:29","modified_gmt":"2026-05-11T13:14:29","slug":"wall-street-rushes-to-price-out-war-damage-as-stocks-hit-records","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/11\/wall-street-rushes-to-price-out-war-damage-as-stocks-hit-records\/","title":{"rendered":"Wall Street Rushes to Price Out War Damage as Stocks Hit Records"},"content":{"rendered":"<div>\n<div>\n<figure data-aqa=\"featured-image\"><picture><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=564&#038;h=423&#038;type=webp&#038;sig=EG27jKVGow700IZx4O9f8g, 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srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=472&#038;h=354&#038;type=webp&#038;sig=CVvcOe_tsGKnXN6rDsm9Ew, \nhttps:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=944&#038;h=708&#038;type=webp&#038;sig=v668jB4EeIG6aK09CsvjOw 2x\" type=\"image\/webp\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=472&#038;h=354&#038;type=jpg&#038;sig=YpIcn3nkjQqc-cfS6dSwrA, \nhttps:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=944&#038;h=708&#038;type=jpg&#038;sig=xaOTqPW1bauTMsaox8I4jA 2x\" type=\"image\/jpeg\"><source media=\"(max-width: 767px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=288&#038;h=216&#038;type=webp&#038;sig=6RnTytXj0ITH9I84E2U24w, \nhttps:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=576&#038;h=432&#038;type=webp&#038;sig=H4OIchT4s57uwPZ5DKtqtw 2x\" type=\"image\/webp\"><img src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=288&#038;h=216&#038;sig=1xHw1qzfI4RAI796TyBuVg\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=288&#038;h=216&#038;sig=1xHw1qzfI4RAI796TyBuVg,\n                    https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/04\/short-dated-bond-yields-elevated-from-iran-war-fallout-two-.jpg?quality=90&#038;strip=all&#038;w=576&#038;h=432&#038;sig=I1RJCFE-tET0XRzDvHEuew 2x\" alt=\"gpu[xad8z7mi0lrxxv6{}9tz_media_dl_3.png\" decoding=\"async\" fetchpriority=\"high\" height=\"900\" width=\"1200\"><\/picture><figcaption><span>gpu[xad8z7mi0lrxxv6{}9tz_media_dl_3.png<\/span> <span>Bloomberg<\/span><\/figcaption><\/figure>\n<\/div>\n<section>\n<p>Article content<\/p>\n<p>(Bloomberg) \u2014 Traders spent this week betting that the US conflict with Iran is all but over \u2014 driving stocks to records, dumping the dollar and pushing oil to around $90 a barrel.<\/p>\n<\/section>\n<section data-aqa=\"identity-sign-in\" data-async id=\"article-block\">\n<header>\n<div>\n<p><img decoding=\"async\" alt=\"Financial Post\" height=\"37\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/21.1.1\/websites\/images\/identity\/logo-identity-fp.svg\" width=\"280\"><\/p>\n<div>\n<p>THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>SUBSCRIBE TO UNLOCK MORE ARTICLES<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div data-auth-component id=\"auth-screen-form\" aria-live=\"assertive\">\n<h2>Sign In or Create an Account<\/h2>\n<p><span><\/span><span>or<\/span><span><\/span><\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>A ceasefire between Israel and Hezbollah in Lebanon and Iran\u2019s decision to reopen the Strait of Hormuz to commercial shipping sent risky assets surging anew on Friday, extending a rally that pushed the S&#038;P 500 to a fresh record and fueling its biggest monthly advance since 2020.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>President Donald Trump said Iran had agreed to suspend its nuclear program indefinitely and that a deal to end the war is mostly complete, with talks likely this weekend. Iran has yet to confirm any agreement.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div aria-labelledby=\"FinancialPostTopStories7224658317103155879729777782816768\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<p>By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Bank of America Corp.\u2019s cross-market risk gauge, which measures turbulence priced across global equities, rates, currencies and commodities, is headed for its second-fastest monthly drop on record, with only the early pandemic recovery declining faster.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The S&#038;P 500 took just three weeks to rally from its war low to an all-time high. The dollar on Friday briefly erased all of its war-fueled gains. Yet the damage from seven weeks of conflict will take far longer to undo.\u00a0<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The Strait of Hormuz was closed for most of the conflict, crude prices are still materially higher than their pre-war levels, and global food supply chains that depend on the waterway remain disrupted. Inflation expectations have shifted and central banks have been forced to delay interest-rate cuts. And none of that reverses even if a peace deal is signed this weekend.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>\u201cThe markets think that the most likely outcome is gradual de-escalation, but there are very fat tails. This is a legitimate inflation spike,\u201d said Daniel Ivascyn, group chief investment officer at Pacific Investment Management Co.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Also fueling the rush: the fear of being left behind after the rebound in animal spirits witnessed last year when President Donald Trump walked back the fiercest of his global tariffs. Burned by that experience, traders are front-running a full recovery before the damage to supply chains, energy infrastructure and consumer confidence has begun to reverse. Commodity trading advisers who had been positioned short equities were forced to flip long and chase the rally.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The S&#038;P 500 posted a third straight week of gains exceeding 3%. Global stocks also set all-time highs. The rebound from the late-March low to a record happened faster than any recovery of that magnitude, according to Asym 500\u2019s Rocky Fishman.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The rally hasn\u2019t been driven by peace optimism alone. Resiliency in the US economy, a stronger-than-expected earnings season and excitement around artificial intelligence demand have all provided independent momentum. S&#038;P 500 earnings growth for 2026 has been revised up almost three percentage points, with profit momentum expected to build this year, according to Marcella Chow, a global market strategist at JPMorgan Asset Management.<\/p>\n<\/section>\n<\/div>\n<p> Bloomberg News<br \/><a href=\"https:\/\/financialpost.com\/pmn\/business-pmn\/wall-street-rushes-to-price-out-war-damage-as-stocks-hit-records\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>gpu[xad8z7mi0lrxxv6{}9tz_media_dl_3.png Bloomberg Article content (Bloomberg) \u2014 Traders spent this week betting that the US conflict with Iran is all but over \u2014 driving stocks to records, dumping the dollar and pushing oil to around $90 a barrel. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and<\/p>\n","protected":false},"author":1,"featured_media":905059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27450,180],"tags":[117209,5570],"class_list":["post-905058","post","type-post","status-publish","format-standard","has-post-thumbnail","category-rushes","category-street","tag-rushes","tag-street"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/905058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=905058"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/905058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/905059"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=905058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=905058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=905058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}