It could have prevented Worsh, nominated by President Trump, from being appointed to the post

U.S. Justice Department ends investigation of Fed chief Powell

Manhattan Associates, Inc.

GitLab Inc.

Target Hospitality Corp.

Sonoco Products Company

Calix, Inc.

UnitedHealth Group Incorporated

GE Aerospace

Uber Technologies, Inc.

Lucid Group, Inc.

D.R. Horton, Inc.

Merck & Co., Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Capital Markets Research, Freedom Broker.

Morning in New York: trading will go without sharp movements

Speaking at a U.S. Senate Banking Committee <a href="https://www.youtube.com/watch?v=wAY_55vlS28">hearing</a>, President Donald Trump's nominee to head the Federal Reserve Board, Kevin Warsh, emphasized several times that he would act independently if he is approved and takes the job. Here are five of his key statements.

Definitely not Trump's puppet: five major statements from the candidate to head the US Federal Reserve Board

Apple Inc.

Amazon.com, Inc.

Alphabet Inc.

Microsoft Corporation

Alaska Air Group, Inc.

Spruce Biosciences, Inc.

BridgeBio Oncology Therapeutics, Inc.

Blue Owl Capital Inc.

AST SpaceMobile, Inc.

Cal-Maine Foods, Inc.

Cleveland-Cliffs Inc.

Biogen Inc.

Morning in New York: focus on the change of the Fed's head

Kevin Warsh, the candidate nominated to head the Federal Reserve Board by US President Donald Trump, has pledged to defend the regulator's independence if he is confirmed. In an open-ended speech, with which Warsh plans to address the US Senate Banking Committee on Tuesday, April 21, he says the Fed should be largely free of political influence but remain focused on its core tasks. "The Fed's independence depends largely on the Fed itself," he says in the text, which <a href="https://www.politico.com/f/?id=0000019d-ab72-db52-adbf-fb7aa0e00000">was obtained</a> by Politico.

A candidate to head the Fed has pledged to protect its independence. What he sees as a threat

Tesla, Inc.

Intel Corporation

The Boeing Company

The main focus of the markets this week continues to be on developments in the Middle East. Last Friday, April 17, oil fell heavily on Iranian Foreign Ministry <a href="https://oninvest.com/article/iran-morgnul-pervym-cto-znacit-otkrytie-ormuzskogo-proliva-s-tocki-zrenia-politiki">statements</a> that the Strait of Hormuz was "fully open" to merchant ships. But over the weekend, the situation <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">unfolded</a>: the U.S. Navy fired on and seized an Iranian cargo ship, and Tehran accused Washington of violating the truce, which is due to end on Tuesday, April 21, and resumed the blockade of the strait, which led to a <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">sharp rise in oil prices</a>.

The situation around Iran, Tesla and Intel earnings: what investors need to know this week

Kevin Warsh could become the wealthiest Fed chief ever 

SpaceX, Polymarket and AI startups: where Trump's nominee to head the Fed is investing

Meta Platforms, Inc.

Universal Music Group N.V.

Donald Trump agreed with Iran on a two-week truce and the opening of the Strait of Hormuz, which supported the growth of world markets and led to a slight decline in oil prices. Meanwhile, details of a possible listing of SpaceX became known: the company is preparing a placement with a focus on retail investors, but analysts doubt the potential for profitability at a valuation of $2 billion. Against this background, Pershing Square plans to acquire Universal Music with a significant premium, considering the company's securities undervalued. The main events of April 6-10 are in our review.

Highlights of the week: US-Iran truce, Meta AI model, Universal Music deal

The Consumer Price Index (CPI), which measures changes in the cost of goods and services in the U.S., rose 0.9% in March from the previous month, according to data from the Bureau of Labor Statistics, the first full picture of how the surge in oil prices due to the war in the Middle East has affected consumer inflation, Barron's <a href="https://www.barrons.com/livecoverage/inflation-report-cpi-data-march-fed-rate-cuts/card/march-inflation-data-could-deliver-multiple-headaches-for-the-fed-sT6urlxgWemjTTX0Y9Qp">notes</a>.

U.S. inflation soared to its highest in nearly 2 years. This is the first assessment of the effect of the war

The personal consumption expenditures (PCE) index, the Federal Reserve's preferred measure of inflation, rose 2.8% year-on-year in February, the U.S. Bureau of Economic Analysis (BEA) reported. This was in line with the expectations of economists <a href="https://www.reuters.com/business/us-stock-futures-dip-over-shaky-mideast-truce-inflation-focus-2026-04-09/">polled by</a> Reuters: they had forecast a continuation of the annualized rate compared to what it was in <a href="https://oninvest.com/article/lubimyj-pokazatel-inflacii-frs-vyros-samymi-bystrymi-tempami-za-pocti-dva-goda">January</a>.

The Fed's favorite measure of inflation slowed a bit before the war. How will rates change

Wells Fargo previously predicted two rate cuts this year

Citi postpones Fed rate cut forecast. Wells Fargo does not expect easing in 2026

JPMorgan Chase & Co.

War in the Middle East could lead to a larger increase in U.S. interest rates than the market expects, JPMorgan Chase CEO Jamie Dimon <a href="https://www.jpmorganchase.com/ir/annual-report/2025/ar-ceo-letters">said</a> in his annual letter to shareholders on April 6. He estimates that a war with Iran could trigger oil and commodity price shocks and reshape global supply chains, which in turn would keep inflation elevated.