The Nasdaq posted its best win streak in 34 years as investors cheered the reopening of the Strait of Hormuz, which eased geopolitical supply‐chain concerns and ignited a broad risk-on rally across equities and digital assets.

Morgan Stanley’s latest earnings announcement sparked heavy call options buying, with bullish contracts outpacing puts as traders positioned for further upside ahead of a wave of blue-chip reports.

With blue-chip earnings set to continue next week, analysts will watch whether sustained institutional buying and clear geopolitical developments can extend the recent rally or if profit-taking pressures emerge.