Nasdaq Logs Longest Win Streak Since 2009 Amid More Records

The S&P 500 and Nasdaq notched more record closes today, with the former securing its 12th-straight gain, marking its longest win streak since July 2009. The former secured its fourth-straight win, with the Dow settling higher as well after Lebanon and Israel agreed to a 10-day ceasefire. Investors continued to eye peace updates, but it's unclear when U.S. and Iran officials will talk again, and concerns around the economic impact of the war remain. Amid today's gains, the Cboe Volatility Index (VIX) marked its seventh consecutive loss -- its worst losing streak since November 2023.

• Preliminary quarterly win boosted this paint stock.
• What you should know about commodity options trading.
• Plus, behind HIMS' pop; PepsiCo's upbeat results; and uranium stock to monitor.

5 Things to Know Today

1.  The U.S. naval blockade of Iranian ports in the Persian Gulf and the Gulf of Oman, which is on its fourth day, has already stopped 13 ships from passing. (CNBC)
2. The International Energy Agency (IEA) warned that Europe will run out of jet fuel within six months as two airlines cut flights off their schedules. (MarketWatch)
3. Peptide buzz drove Hims & Hers Health stock higher.
4. Behind PepsiCo's top- and bottom-line quarterly beat. 
5. This uranium mining stock may have room to run.

Oil, Gold Prices Trek Higher

Oil prices settled higher on Thursday, as traders questioned whether U.S.-Iran talks will stop disruptions to energy supplies. May-dated West Texas Intermediate (WTI) added over 4% to settle at $94.69 per barrel.

Peace deal hopes made investors optimistic about the inflationary outlook and the path of interest rates, however. June-dated gold rose 0.3% to finish at $4,838.10 an ounce.