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Stocks post back-to-back gains as traders remain optimistic for U.S.-Iran deal: Live updates CNBCWall Street rallies to the edge of its all-time high as oil prices ease Los Angeles TimesStock market today: S&P 500, Nasdaq rally toward record highs, oil tumbles as Iran deal optimism grows Yahoo FinanceWall Street rallies on renewed hopes for US-Iran talks, earnings boost Reuters
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Since the start of the Iran conflict, investors around the world have been worried that tight global oil supplies and high prices could eventually lead to a drop in demand. According to the International Energy Agency, these risks are finally starting to materialize.
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JPMorgan Chase beat first-quarter earnings expectations, with volatility from the Iran conflict leading to record market revenue and with consumers continuing to spend in the face of higher gasoline prices.
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US wholesale prices surged 4% last month after the war in Iran sent energy prices soaring AP NewsWholesale prices rose 0.5% in March, much less than expected despite war impact CNBCWholesale inflation rose in March to three year-high CNNProducer-Price Index Climbed in March WSJ
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Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace The New York TimesStock futures tick higher after S&P 500 erases Iran war losses: Live updates CNBCOil prices fall as supply concerns ease on hopes for US-Iran talks ReutersStock Market News, April 13, 2026: Nasdaq, S&P 500 and Dow Push Higher; Oil Pares Its Rise WSJ
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Albertsons's stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached a $774 million settlement to resolve opioid-related claims.
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A published report says that United Airlines has pitched senior government officials on whether it could get permission to merge with American Airlines, a transaction that if completed would lead to carrier controlling a third of the market.
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An economic "sugar high" created by a combination of factors could push the S&P 500 as high as 7,300 by July, according to a team of equity strategists at Wells Fargo.
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Goldman Sachs posted record equities trading revenue for the first quarter, helping propel the overall firm to its second-highest quarterly revenue.
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Most people view debt as something to be avoided at all costs. But that's because most people don't use debt properly. A prime example of improper debt use is the credit card. People charge too much, fail to pay the card in full at the end of the month, then find themselves unable to pay down the debt without also paying exceedingly high interest, often for years.
However, some kinds of debt, such as a securities-backed line of credit, or SBLOC, can be helpful. They can even save or earn you money. SBLOCs are rolling lines of credit based on the value of assets in your accounts. They're excellent ways to use debt to your advantage.
How Securities-Backed Lending Works
Borrowing money by collateralizing securities held in after-tax investment accounts is called securities-backed lending. The interest rate will often be lower than other types of loans, and you'll generally get access to funds in just a few days.
SEE MORE 3 Dated Rules of Thumb Retirees Should Think Twice About
However, as with almost anything, there are caveats to taking out an SBLOC. While you can keep buying and selling securities in the collateralized account, you can't use the loaned money for other securities-based dealings, such as trading or buying. And setting up an SBLOC will make it more challenging to move those collateralized assets to a different firm.
As an example of how SBLOCs can benefit you, suppose you need $75,000 for a one-time purchase of a car or a once-in-a-lifetime vacation. A typical way to acquire it would be to sell assets in a retirement account. That presents a number of drawbacks:
First, your income for that year would increase by $75,000 and could put you in a
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