Daily Stock Market Report (Thur 26th March 2026) - SQZ, TET, NXT, HSW, TET, CURY

Good morning! I have some backlog items from yesterday to look at - I will do my best to catch up.
The topsy turvy action in the market continued on Wednesday, with a strong recovery day: the FTSE rose 1.4%, returning back above the 10,000 level.

As always, I will point out the experience of someone who doesn't read the news and who only cares about the year-to-date performance of the index. As far as that person is concerned, the FTSE is up 1.6% year-to-date and everything is fine.
The Samp;P 500 is a different story, admittedly, down nearly 4% year-to-date. The Samp;P had outperformed the FTSE long-term, but the last year or two have finally seen a reversal of this trend, with (in my view) the excessive valuation of US mega-caps finally catching up with them a little.

FTSE in Blue, Samp;P in Red,
The current situation with Iran can perhaps best be described as fluid. The US says that peace talks are ongoing, while Iran says that the US is "negotiating with itself".
Potential next steps could include the Strait...