Markets face extraordinary uncertainty following the collapse of lengthy U.S.-Iran diplomatic talks that ended with no deal, as Vice President J.D. Vance confirmed Iranian officials "have chosen not to accept our terms." The failed negotiations leave critical questions unanswered about whether the fragile two-week ceasefire will hold during continued diplomacy or if military operations will resume and potentially escalate. The Strait of Hormuz remains largely closed despite Tuesday's ceasefire, with U.S. Navy ships clearing mines over the weekend as global oil, natural gas, and fertilizer shortages intensify from the prolonged closure. Iranian state media cited "excessive U.S. demands" around Hormuz access, uranium enrichment, and other sticking points, creating pessimism about near-term resolution. The week features the unofficial start of Q1 earnings season with major financial institutions including JPMorgan (JPM), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) reporting results that will provide economic health insights. Technology bellwethers Netflix (NFLX) and Taiwan Semiconductor (TSM) reporting Thursday will test consumer discretionary spending and semiconductor demand amid geopolitical and economic turbulence.
Here are 5 things to watch this week in the Market.
