When Oil Talks, Markets Listen | Daily Market Recap

Your 3-minute daily market update - simplified for busy investors.

Today: April CPI comes in hot at 3.8% YoY (vs 3.7% expected) with energy driving 40%+ of the jump, Nasdaq drops -0.87% while Dow edges up +0.11%, oil surges +$4.11 to $102 WTI as Trump calls Iran ceasefire "on life support," rate hike odds jump to 43% for 2026, Qualcomm crashes -11.5% in worst day since 2020, Wolfspeed leads +6% on new "AI Power" trade, MongoDB +5% on AI-driven Atlas momentum, and satellite imagery shows zero tankers at Iran's Kharg Island for the first time in the conflict.

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