US EQUITY OPEN: Tech-heavy NDX lags as indices open rangebound in a risk-filled week

The tech-heavy Nasdaq (NDX) is lagging as U.S.

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"Thailand's foreign minister said the country has asked China to help eight Thai ships pass through the Strait of Hormuz. He said Chinese officials have responded by saying they are currently working to release 70 of their own ships.", Iran International

Newsquawk European Market Wrap - 27th April 2026

US EQUITY OPEN: Tech-heavy NDX lags as indices open rangebound in a risk-filled week

Iran adviser to Supreme Leader says no country is capable of blocking Iran's oil exports, Israel's Channel 12 reports

The Iranians have put forward a new proposal that would reopen the Strait of Hormuz but leaves the state of talks on key US demands unclear, according to a source familiar cited by CNN

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Context

equity markets open flat, indicating a cautious sentiment ahead of a week filled with geopolitical risks. This suggests that traders may be positioning themselves defensively amidst uncertainty, particularly as it relates to tech stocks that often react to broader market dynamics and policy shifts. Keep an eye on how these factors could influence market sentiment in the coming sessions, particularly regarding the Federal Reserve's stance and potential economic data releases.

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