# Evening Market Recap - Wednesday, 29-Apr

Page: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-wednesday-29-apr
Text version: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-wednesday-29-apr.md
Podcast: [FactSet Evening Market Recap](https://stenobird.com/podcast/factset-evening-market-recap-378590)
Published: 2026-04-29T20:15:00+00:00
Episode link: https://www.factset.com/podcasts
Audio file: https://episodes.captivate.fm/episode/1edd64f4-efdb-4317-b3b1-58e601e66e25.mp3
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JSON: https://stenobird.com/v1/public/podcasts/factset-evening-market-recap-378590/episodes/evening-market-recap-wednesday-29-apr
Duration seconds: 352

## Resource

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.

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## Transcript

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