Last-Minute Ceasefire Extension Has Market on Edge

About this episode

The episode discusses the implications of President Trump's ceasefire extension on the market, particularly focusing on oil prices and upcoming earnings reports from Tesla and ServiceNow.

With President Trump extending the ceasefire and no talks with Iran scheduled, Wall Street might play defense and oil prices could set the pace. Tesla and ServiceNow report later.

Topics covered

• ceasefire
• market analysis
• oil prices
• Tesla earnings
• ServiceNow earnings

Keywords

• ceasefire
• market
• oil prices
• Tesla
• ServiceNow
• Wall Street
• Iran

Mentioned in this episode

Organizations: Wall Street, Tesla, ServiceNow

Places: Iran

More episodes of Schwab Market Update Audio

• Peace Hopes, Sentiment Data Could Set Early Tone · June 12, 2026 · 13 min
• More Inflation Data Due After Another Selloff · June 11, 2026 · 10 min
• Inflation in Focus After Volatile Day for Stocks · June 10, 2026 · 11 min
• Stocks Rebound Post Rout, Inflation Still In-Focus · June 9, 2026 · 10 min
• Stocks Dive Amid Tech Sell-Off, Inflation In-Focus · June 8, 2026 · 10 min
• After Solid Rebound, Stocks Face Crucial Jobs Data · June 5, 2026 · 12 min