US Stock Exchange Sets Record of $120 Million, Tom Lee Reveals 3 Reasons Wall Street is Crisis Proof!

Updated
April 17, 2026
Share

Jakarta, Pintu News – Jakarta, Pintu News – The United States stock market has just shown remarkable resilience by setting a new all-time record high in April 2026. The S&P 500 and Nasdaq indices managed to erase all losses due to the Middle East conflict, proving that the US economy is highly absorbent to external shocks. Tom Lee, Chairman of BitMine, stated that the current market position is much stronger than at the beginning of the year, driven by solid economic fundamentals and market adaptation to dynamic energy prices.

Wall Street’s resilience amid oil price surge

Despite oil prices skyrocketing above $100 per barrel due to the blockade of the Strait of Hormuz, the US stock market was still able to bounce back and post a positive performance. The S&P 500 closed at 7,022.95 on April 15, surpassing its previous record set in January, while the Nasdaq hit 24,016. Tom Lee emphasizes that the market’s ability to absorb these oil price shocks demonstrates the dominance of the US economy over other countries that are more vulnerable to energy crises.

  • S&P 500 Record (April 15): 7,022.95 (up from January record)
  • Nasdaq Record (April 15): 24.016
  • Oil Price Breaks: $100 (approx. IDR 1,712,900) per barrel

This rise was driven by market optimism regarding the de-escalation of tensions between the United States and Iran. You can see that investors are starting to move back into riskier assets including stocks and cryptocurrencies, as fears of a large-scale war begin to subside. US energy independence has been a key factor that has kept Wall Street on its feet while other global exchanges have been reeling.

Also Read: 5 Reasons Stellar (XLM) Will Reach Rp17,128 in 2030, Investors Must Know!

Corporate Profits Rise Due to Defense Spending

The second reason put forward by Tom Lee is the increase in corporate earnings, which is actually stimulated by the conflict conditions. The US government reportedly spends $30 billion or around Rp513.8 trillion per month on defense, which could potentially double to Rp1.02 quadrillion per month. This paradoxically provides a positive boost to domestic economic growth amid the war situation.

The increase in household spending due to the $20 oil price hike only adds a burden of around IDR 205 trillion per month, which is much smaller than the stimulus from state spending. Lee argues that on anet basis, the conflict is helping the profits of major US corporations continue to grow. This confidence gives holders of cryptocurrencies and stocks a sense of security to maintain their position in the market.

Inflation Surprise from Oil Turns out to be Milder

The latter reason is historical data showing that oil price spikes have not always triggered as severe an explosion in core inflation as the market had feared. Lee argues that the impact of rising energy prices on overall inflation is expected to be milder than economists’ initial estimates. This leaves room for the central bank to maintain a monetary policy that supports capital market growth without suffocating inflationary pressures.

  • Tom Lee’s S&P 500 target (2026): 7,300 (4% upside potential)
  • Monthly Defense Spending: $30 – $60 Billion (IDR513.8 – IDR1,027 Trillion)
  • Household Expenses Due to Oil: $12 Billion (Rp205.5 Trillion)

With the S&P 500 targeting 7,300, Tom Lee sees that there is still potential for an additional 4% gain for those invested in the stock market until the end of the year. This situation shows that the US capital market has found a way to remain profitable even under stressful geopolitical conditions. This clarity on the impact of inflation is a breath of fresh air for global economic stability in the second quarter of 2026.

Also Read: 5 Facts Enjin Coin (ENJ) Explodes 300% in April 2026! Next Target IDR1,595?

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

As a safe crypto app, Pintu provides a crypto trading experience to access crypto gold investment easily and conveniently. You can also see today s gold jewelry price and today s gold bullion price to support your investment activities and portfolio diversification as well as learn crypto through Pintu Academy.

Trading US Stock Tokens on the Pintu

world's top stocks
Generated by Ai

Imagine being able to buy shares of big companies like Nvidia (NVDAX), Amazon (AMZNX), Meta (METAX) in tokenized form for just a few thousand dollars. The good news is that you can now buy/sell tokenized US stocks from xStocks and Ondo at Pintu.

By leveraging blockchain technology, you can now enjoy a faster settlement process for tokenized US stocks, more affordable start-up capital, and a more global investment experience.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

Latest News

See All News ->

© 2026 PT Pintu Kemana Saja. All Rights Reserved.

The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.