LOS ANGELES (AP) — Los Angeles Lakers coach JJ Redick says he just wants to move on after the Dallas Mavericks contradicted his contention that their medical staff incorrectly conducted an MRI on Austin Reaves last weekend.
Reaves is out for the rest of the regular season after straining his oblique during the Lakers' blowout loss at Oklahoma City last Thursday. He was examined in Dallas, where the Lakers had subsequently traveled for their next game, by the Mavericks' medical team in a courtesy typically extended by home NBA teams to their visitors.
At the Lakers' practice in Dallas on Saturday, Redick claimed the Mavs' medical team “scanned the wrong area” and had to do two MRIs to identify Reaves' Grade 2 left oblique strain.
The Mavericks issued a statement to DLLS Sports on Tuesday saying their “medical team followed standard imaging protocols based on the information provided at the time. There was no error in the scan performed.”
When Redick was asked why he claimed otherwise before the Lakers hosted the Thunder on Tuesday, he was brief.
“Look, I think in the end, we got the image we needed,” Redick said. “Obviously very appreciative, because it’s happened throughout the season, whenever the home team is accommodating to us, just like we would be for them. And we’re going to move on.”
The Lakers also lost Luka Doncic for the rest of the regular season during that loss in Oklahoma City. The NBA's top scorer has a Grade 2 strain of his left hamstring.
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Los Angeles Lakers guard Austin Reaves (15) pass against Oklahoma City Thunder center/forward Isaiah Hartenstein (55) during the first half of an NBA basketball game Thursday, April. 2, 2026, in Oklahoma City. (AP Photo/Gerald Leong)
Los Angeles Lakers head coach JJ Redick walks onto the court during a time out in the first half of an NBA basketball game against the Dallas Mavericks in Dallas, Sunday, April 5, 2026. (AP Photo/LM Otero)
NEW YORK (AP) — Oil prices plunged below $100 a barrel and Asia markets and U.S. stock futures jumped after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
Japan’s benchmark Nikkei 225 rose 4.8% and South Korea’s Kospi gained 5.6%. Futures for the S&P 500 advanced 2.3% as of 9:30 p.m. EDT, while Dow futures rose 2%.
Futures for U.S. crude oil sank 14.3% to $96.83 a barrel and Brent crude oil, the international standard, dropped 13.3% to $94.74. Oil prices had spiked because the war snarled the production and transportation of crude in the Persian Gulf. Much of that oil exits the gulf through the Strait of Hormuz to reach customers around the world, but Iran had blocked it to enemies.
Late Tuesday, Trump said he was holding off on his threatened attacks on Iranian bridges, power plants and other civilian targets. Iran’s foreign minister said passage through the strait would be allowed for the next two weeks under Iranian military management.
The dramatic moves in prices are just the latest swings to hit financial markets since late February because of constantly shifting signals about when the conflict may end. Even with word of a ceasefire, neither Iran nor the United States said when it would begin, and attacks took place in Israel, Iran and across the Gulf region early Wednesday.
Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight, never to be brought back again” if Iran does not meet his deadline at 8 p.m. Eastern time to open the Strait of Hormuz.
The S&P 500 fell as much as 1.2% but stocks rallied at the end of trading after Pakistan’s prime minister urged Trump to extend his deadline for another two weeks and asked Iran to open up the strait for the same amount of time.
The S&P 500 erased all its losses and ended with a modest gain of 0.1%. The Dow Jones Industrial Average dipped 85 points, or 0.2%, and the Nasdaq composite added 0.1%.
They’re the latest swings to hit financial markets since late February because of deep uncertainty about when the fighting may end.
Oil prices were likewise shaky. The price for a barrel of benchmark U.S. crude to be delivered in May briefly climbed above $117 before settling at $112.95.
Oil prices have spiked because the war has snarled the production and transportation of crude in the Persian Gulf. Much of that oil exits the gulf through the Strait of Hormuz to reach customers around the world, but Iran has blocked it to enemies.
The worry in markets has been that a long-term disruption will keep oil prices high for a long time and send a painful wave of inflation crashing through the global economy. Trump kept traders on edge by making a series of threats to blow up Iranian power plants only to delay several times.
The average price for a gallon of regular gasoline across the United States has leaped to $4.14, according to AAA. It was below $3 a couple days before the United States and Israel launched attacks to begin the war in late February.
In the bond market, Treasury yields eased on word of a potential cease-fire. The yield on the 10-year Treasury fell to 4.24% from 4.30% earlier Tuesday.
That’s still well above its 3.97% level from before the war, and the rise has pushed up rates for mortgages and other loans going to U.S. households and businesses, which slows the economy.
John Mauro works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026. (AP Photo/Seth Wenig)
Ed Curran works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026. (AP Photo/Seth Wenig)
People work on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
A general view shows the New York Stock Exchange, Friday, March 27, 2026, in New York. (AP Photo/Yuki Iwamura)
People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, April 7, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, April 7, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, April 7, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
