Hey listeners, it's Saturday, April 18th. I'm Imani Mouyez for the Wall Street Journal.

And this is what's news and markets, our look at the biggest stock moves of the week and the news that drove them.

Let's dive in. Investors began to look past the war in Iran this week, and major U.S.

indexes marched higher despite a barrage

of geopolitical shocks. The NASDAQ and S&P 500 hit record highs on Wednesday, despite an ongoing

blockade in the Persian Gulf. Stocks pushed even higher on Thursday and Friday as a standoff

between the U.S. and Iran continued. The rally suggests investors were more focused on what the conflict didn't do,

which is derailed the global economy.

Tech stocks helped drive the broader market higher.

Taiwan's semiconductor manufacturing company raised its revenue outlook

and said it would ramp up investment to meet still surging demand for artificial intelligence chips.

This week, the nation's biggest banks painted a reassuring picture of the U.S. economy,

saying consumers are still spending despite surging gas prices since the Iran war began.

J.P. Morgan Chase and Bank of America both reported stronger profits.

The NASDAQ logged its longest winning streak in three

decades, rising 13 days straight to end the week's 6.8% higher. The S&P 500 increased 4.5% to cross

7,100 for the first time, and the Dow Jones Industrial average gained 3.2%. Oil markets were a different story.

Crude prices swung sharply with each headline before plunging late in the week as ceasefire hopes took hold.

Brent crude tumbled 5% over the week to $90.38 a barrel.

And energy was the worst performing sector in the S&P 500, falling 3.5%.

Shares in digital brokerages were among the biggest gainers of the week, after the SEC

approved a proposal to end the Pattern Day trading rule. The rule was designed to tamp down risky bets after individual investors got burned in the

...