The Nasdaq Is Betting on Peace—Oil Traders Aren’t Buying It
By Phil Rosen
Published on April 17, 2026.
The Nasdaq is making history with its 12 consecutive days, the longest winning streak since 2009. However, oil traders are less optimistic about the outcome of the ongoing conflict in Iran. The S&P 500 is also on the rise, with its second day in a row closing above 7,000.
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