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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%.

Chart tracking weekly 30-year mortgage rates from August 2022 to 2026, with a green area graph and dated annotations.

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

Line chart comparing Nasdaq and S&P 500 percentage changes from January 2025 to April 2026, ending at record highs.

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

S&P 500 market trend chart from 2024 to April 2026, annotated with tariff shock, Iran war, and cease-fire.

Nasdaq Composite Index chart from 2024 to April 2026, with annotations for tariff shock, Iran war, and cease-fire.

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

Crude oil price chart from February 2 to April 17, 2026, showing a sharp rise above $110 and a subsequent decline.

Chart of U.S. weekly gas prices, showing a sharp rise above $4 per gallon in spring 2026.

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

Bar chart shows U.S. year-over-year CPI peaking at 8.9% in 2022 and reaching 3.3% in March 2026.

Bar chart of the Producer Price Index from 2020 to 2026, peaking above 11% in 2022 and reaching 4% in March 2026.

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

Chart of consumer sentiment from 1978 to April 2026, annotated with recessions, recoveries, and market events.

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