BREAKING: Iran's Fars News releases a statement following President Trump's post stating a US-Iran deal would be announced "shortly" earlier today:
"It should be noted that American officials have acknowledged in multiple messages to Iran that Trump's posts are primarily for promotional purposes and media consumption within the US, and they have recommended that no attention be paid to these statements," Fars News says.
Ahhh nothing like ANOTHER US-Iran "agreement" to get the market pumping again.
What's this? The 9th time or so?
Let's get the White House to say they're sending Witkoff and Kushner to negotiate and we'll be right back at ATHs by today's close.
Seems the market is on Reta as well...
The YTD volume average in $SPY heading into April 9, 2026 was 71M shares (sans dark pool).
Since April 9th? 38M shares.
That includes the lowest amount of 26.6M shares back on April 27th which beat the 28.7M on Christmas Eve.
The Fed held rates at 3.50โ3.75% but the real story is the hawkish undercurrent โ 3 voting members pushed to remove the easing bias entirely, and a majority signaled rate hikes could become appropriate if inflation stays persistently above 2%. With cuts now pushed to Q3/Q4 at the earliest and a 30% probability of a hike priced by Q1 2027, the liquidity tailwind that markets have been leaning on is off the table. Until energy prices roll over and the Middle East uncertainty clears, this is a higher-for-longer environment that keeps a ceiling on equity upside and demands disciplined, level-based positioning