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AI-Driven Disinflation Boosts US Stocks, Tech, Oil

4/30/2026

47 10 Full Breakdown

Summary

US Stocks Rise

U.S. stocks rose in April as tech shares jumped 20% while Brent crude hovered near $111 per barrel after climbing from $70 to a $119 peak.
Bank of America said investors expect AI-driven disinflation, keeping inflation expectations low, as consumer confidence rose to 92.8 in April from 92.2.
Asian tech gauges jumped 10% since the war began, with AAII data showing bullish investors rose to half from one-third.

Summary

OPEC+ Increases Quotas

OPEC+ will raise quotas by 188,000 barrels per day on Sunday.
The United Arab Emirates will leave OPEC on May 1, curbing the cartel’s price-control power.
Federal Reserve (Fed) signaled no rate cuts, lifting the 10-year yield to 4.41% and the two-year to 3.93%.
U.S. dollar rose to 160.61 yen as euro fell to $1.1671.
Equities fell, with the Nikkei 1% at 59,284.92 and the Hang Seng 1.1% at 25,816.80.

History

Historical Context

In October 1973 OAPEC, led by Saudi Arabia and Iran, cut output by about 5 million barrels per day and imposed an embargo that lifted Brent from $3 to $12 a barrel, sparking stagflation and prompting the International Energy Agency. Today OPEC+ raises output by 188,000 bpd and the United Arab Emirates plans to leave the group.

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US Stocks Rise

U.S. stocks rose in April as tech shares jumped 20% while Brent crude hovered near $111 per barrel after climbing from $70 to a $119 peak.
Bank of America said investors expect AI-driven disinflation, keeping inflation expectations low, as consumer confidence rose to 92.8 in April from 92.2.
Asian tech gauges jumped 10% since the war began, with AAII data showing bullish investors rose to half from one-third.

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