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Home/Briefs/equity markets

BriefApril 15, 2026 · 10:51 AM

Middle East De-escalation Drives Tech Rally and Energy Slump

Meta Platforms rose 4.4%, NVIDIA rose 3.8%, and Alphabet-A rose 3.6% as easing concerns over the Middle East situation spurred buying in major tech stocks. The rally was driven by an interview with the New York Post in which U.S. President Donald Trump stated that negotiations to end combat with Iran could resume in Pakistan within two days. Crude oil prices dropped sharply, causing energy shares to fall. Chevron fell 2.5% and Exxon Mobil fell 2.2%.

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equity marketsgeopolitical riskenergy sector

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