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What Moved Markets — 11pm ET, Apr 21, 2026

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  • Trump says Iran losing $500M daily from Strait of Hormuz blockade — oil prices volatile as ceasefire extended

  • China's 'national team' cuts ETF stakes below 20% disclosure threshold — pullback follows overheated stock rally

  • JPMorgan says China property at tipping point — predicts Chinese stocks will outperform emerging market peers

  • Gemini Space Station faces May 18 deadline for securities fraud lawsuit — GEMI shares under legal pressure

  • HSBC gives up court fight over $100M Australian scam losses — bank faces reputational and financial damage

  • Iran cease-fire talks stall as tanker attacks continue — oil supply fears boost war-exposed stocks like PTEN (+8.1%)

Today’s wrap

April 21, 2026 Market Wrap

GoodMoat publishes hourly macro-headline digests synthesized by AI from leading financial newswires (Reuters, Bloomberg, Tiingo). Each bulletin is editorially reviewed for accuracy before publication. See the Macro Desk editorial process for details.