Episode
Evening Market Recap - Wednesday, 29-Apr
- Podcast
- FactSet Evening Market Recap
- Published
- Apr 29, 2026
- Duration seconds
- 352
- Processing state
not_requested- Canonical source
- https://www.factset.com/podcasts
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Summary
Markets traded mostly lower with crude oil surging 7% as concerns mounted over a prolonged U.S.-Iran conflict, with Trump rejecting Tehran's latest offer and reports of imminent U.S. strikes pressuring the complacency narrative around physical oil disruption. The April FOMC meeting was a non-event with rates held steady, though signs of internal Fed division emerged as three members objected to the easing bias and Powell signaled a high bar for looking past the oil shock, all while investors awaited the first wave of Mag 7 earnings.