Zaid Admani

Public.com presents The Rundown, your daily market update in under 10 minutes.

My name is Zaid Admani, and today is Tuesday, April 14th.

In today's episode, we'll break down the latest wholesale inflation report, which came in shockingly cool.

We'll also recap earnings from big banks and tell you why Amazon just bought a satellite company.

Then stick around to the end of the show to learn an interesting stat about Meta and Google.

We got a great show for you today.

Let's go.

Stocks are on a hot streak right now.

The S&P 500 was up 1% on Monday, while the Nasdaq jumped 1.2%.

The S&P is now sitting at the highest level since the Iran war started back on February 28th.

And the Nasdaq has gone up for nine straight days, which is the longest winning streak since 2023.

Now, Monday did start off in the red after peace talks fell apart in Pakistan over the weekend.

And President Trump said the U.S.

Navy was blocking Iranian ships from passing through the Strait of Hormuz.

So there were initial concerns that things were about to escalate again.

But then later in the day, there were reports that the U.S.

and Iran are planning to have another round of talks to strike a deal.

So following that report, stocks went up and oil prices went down.

Oil is back below $100 a barrel as of this morning.

Honestly, it feels like the market just doesn't care about the war anymore.