Market update for Wednesday April 8, 2026

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In today’s episode:

• Stocks surge after a last-minute Iran ceasefire eases global tensions

• Oil prices plunge as the Strait of Hormuz reopens

• Delta beats earnings but warns about rising fuel costs

• Apple stock swings on conflicting reports about a foldable iPhone delay

• Levi Strauss jumps after strong earnings and DTC growth

• Energy stocks fall as oil prices drop

• Used car prices hit 3 year peak