Week in Markets
Week in Markets: Brent Crashes 14% on Iran MOU Scoop, S&P at Record, Nasdaq Breaks 26k, AMD Data Center +57%
Brent crude collapsed from $116 to $101 in three trading sessions on Trump's Project Freedom pause and the Axios scoop of a one-page MOU with Iran. The S&P 500 closed at a fresh record 7,398.93, the sixth consecutive weekly gain. Nasdaq broke 26,000 for the first time at 26,247.08. April NFP printed +115K against +55-60K consensus. AMD reported Q1 data center revenue +57% YoY to $5.8B. Bitcoin tested the 200-DMA at $82,228 and failed, closing $79,743 (+1.98%). Spot BTC ETF flows V-shape: $999M+ in early week, $414M out Thursday-Friday, 7-day net still +$1.48B.