Economic indicators swing positive

Economic indicators swing positive

Following the announcements of ceasefires in Iran and Lebanon, and Iran's declaration that the Strait of Hormuz is open, many major economic indicators have been improving dramatically. The readings below are as of mid-day 4/17/26. However, the political situation is highly volatile, and many of these indicators can change very quickly. 

The 30-year weekly average mortgage rate has fallen to its lowest reading in 4 weeks:  6.3%.

Stock markets have rebounded dramatically, hitting new all-time highs. 

The 2 stock market charts below reflect changes since they began soaring in early 2024.

Oil dropped significantly today, though remaining significantly higher than pre-Iran-was prices. Gas prices have not adjusted so far. 

Rising consumer and producer-price inflation readings reflect March's data.  

The latest Consumer Sentiment reading, which reflects surveys conducted before the ceasefire announcement, hit its lowest point ever, since the survey began in 1978.

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