Thus far in 2026, investors have had to contend with a flurry of uncertainty, geopolitical headlines, and erratic price action. Currently, the main thing investors are paying attention to and weighing is the conflict between the United States and Iran. While the two sides met over the weekend, U.S. Vice President JD Vance said that the U.S. and Iran were unable to come to an agreement, mainly due to a disagreement about whether or not Iran should have nuclear weapons.
Nevertheless, after four consecutive down weeks, the Nasdaq and other major U.S. market indices have staged impressive rallies and are working on their third consecutive weekly gain. For now, the question investors are asking is, “Is the current move merely a countertrend rally or does it have legs?”
This post originally appeared at Zacks.