Week Ahead: Monday, April 20, 2026 to Friday, April 24, 2026 — Market Analysis

Key Themes This Week

• •The reopening of the Strait of Hormuz following a temporary ceasefire has triggered a sharp drop in oil prices and a market rally, with the S&P 500 hitting fresh all-time highs above 7,100
• •First-quarter earnings season accelerates with major reports from Tesla, Intel, Boeing, IBM, and AT&T, as analysts watch for impacts from the seven-week Middle East conflict
• •Kevin Warsh's Senate confirmation hearing for Federal Reserve Chair on Tuesday marks the week's most anticipated policy event, with markets pricing minimal chance of rate cuts in 2026