Industrial and Healthcare Giants Report 21/04/2026

HOT stories for today

Market wrap:

 

U.S. stocks closed lower Monday after tensions between Washington and Tehran escalated over the weekend, interrupting the Nasdaq Composite’s longest winning streak since 1992.

The S&P 500 fell 0.24%, while the Nasdaq lost 0.26%. The Dow Jones Industrial Average slipped 4.87 points, effectively ending flat.

The pullback followed President Donald Trump’s statement Sunday that U.S. forces had struck and seized an Iranian-flagged cargo ship in the Gulf of Oman. The move came after Iran said it would not take part in a new round of talks with the U.S. The current ceasefire is set to expire this week.

Even so, investors appeared reluctant to abandon the broader bullish case for equities.

Elsewhere, South Korea’s Kospi reached a record high amid mixed trading across Asia as hopes for a broader Middle East de-escalation lingered. In corporate news, Apple named John Ternus chief executive officer, replacing Tim Cook, who is set to become chairman.

Investors are also looking ahead to a heavy earnings calendar on Tuesday, with results due from UnitedHealth, Danaher, GE Aerospace, 3M, Northrop Grumman, Halliburton, Quest Diagnostics, RTX, Tractor Supply and Genuine Parts. March retail sales data are also scheduled for release.

Another focal point is Kevin Warsh’s confirmation hearing for Federal Reserve chair. In prepared remarks released Monday, the former Fed governor said the central bank must remain largely independent from political influence while staying focused on its core objectives.

Oil Retreats as Iran Signals No Talks

Oil prices fell in Asian trading on Tuesday as uncertainty clouded the prospects for a second round of U.S.-Iran peace talks.

Reports indicated Vice President JD Vance could lead the U.S. delegation to Pakistan, though Iran’s rhetoric suggested little willingness to return to negotiations.

“We do not accept negotiations under the shadow of threats,” Iranian parliamentary speaker Mohammad Bagher Ghalibaf said Tuesday in a post on X, adding that Tehran had prepared to reveal “new cards on the battlefield” over the past two weeks.

President Donald Trump, meanwhile, renewed threats of overwhelming military force, warning that “lots of bombs” would go off if no deal is reached before the fragile ceasefire expires Tuesday evening.

West Texas Intermediate crude for May delivery fell 1.51% to $88.26 a barrel, while Brent crude for June delivery declined 0.68% to $94.87. Both benchmarks had surged a day earlier, with WTI settling up 7% and Brent up 5%.

Trump has adopted a more aggressive tone in recent days, swinging between threats of escalation and references to diplomacy, after tensions intensified following the U.S. seizure of an Iranian vessel on Sunday and the continuation of Washington’s blockade on Iranian ports.

Rystad Energy said Tuesday that the disruption around Hormuz has prompted a significant upgrade to its 2026 oil-price outlook. The firm said sustained prices above $100 a barrel could unlock as much as 2.1 million barrels a day of additional supply from South America.

“South America is now positioned as the world’s most consequential source of incremental supply,” said Radhika Bansal, a senior vice president at Rystad Energy.

She added that the Middle East conflict had done more than drive prices higher, exposing how concentrated global oil supply chains remain around the Strait of Hormuz.

Stocks on the move:

Steel Dynamics (STLD): edged higher by less than 1% after reporting mixed first-quarter results, with revenue beating estimates while earnings came in slightly below expectations.

Amazon (AMZN): rose about 3% after agreeing to invest up to $25 billion in Anthropic as part of an expanded AI infrastructure partnership, adding to roughly $8 billion already committed.

Apple (AAPL): slipped less than 1% in extended trading after announcing that Chief Executive Officer Tim Cook will step down on Sept. 1 and transition to executive chairman, with John Ternus set to take over.

Alaska Air Group (ALK): fell more than 1% after withdrawing its 2026 outlook amid uncertainty around fuel costs, while first-quarter earnings and revenue both missed analyst estimates.

Watchlist: AMZN, AAPL, ALK, STLD, GE, UNH, RTX, DHR, MMM, DHI

Key Economic Events Today:

EST time

08:15 am: USD ADP Weekly Employment Change
08:30 am: USD Core Retail Sales, retail sales
10:00 am: USD Fed Chairman-Designate Warsh Testifies
10:00 am: USD Pending Home Sales
10:00 am: USD Business Inventories
02:30 pm: USD FOMC Member Waller Speaks


Earnings

BMC (Before Market Open): GE Aerospace (GE), UnitedHealth Group (UNH), RTX Corp. (RTX), Danaher Corp. (DHR), 3M Company (MMM)

AMC (After Market Close): Intuitive Surgical (ISRG), Capital One Financial (COF), America Movil (AMX), Interactive Brokers (IBKR)



The TEFS Analyst team wishes you a successful day!