Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.
U.S. financial markets experienced a volatile week, largely influenced by geopolitical developments in the Middle East and fluctuations in energy prices. Investor sentiment was driven primarily by external events rather than domestic fundamentals.
The geopolitical backdrop in the Middle East remained tense after renewed threats to Iranian infrastructure from President Donald Trump, although reports of a potential deal could limit the demand for the dollar.
According to a survey of over 13,000 members conducted by the AA, an estimated 21.7 million journeys are expected across the UK on Thursday, making this one of the busiest Easters in recent years.
A litre of petrol in the UK now costs an average of 131.91p, according to The RAC. The last time the fuel dropped to these levels was in July 2021, when it averaged 131.81p per litre. The RAC said that the average price of petrol has fallen by more than 5p since the start of December, meaning drivers can save nearly 3 every time they fill up the average 55-litre family car compared to two months ago.