April 24, 2026 – Pre-market trading shows mostly positive futures as cease-fire talks progress involving Iran and Pakistan. Key negotiations for an Israel-Lebanon summit are scheduled in the U.S. Despite this optimism, the Strait of Hormuz remains closed amid the ongoing conflict.
The Nasdaq leads major indexes, up 315 points (+1.17%), boosted by strong Q1 earnings from Intel. The S&P 500 adds 22 points (+0.31%), while the Russell 2000 gains 10 points (+0.37%). In contrast, the Dow is down 70 points (-0.14%) due to IBM’s disappointing software results. Procter & Gamble’s fiscal Q3 earnings surpassed expectations, reporting $1.59 per share and $21.24 billion in revenues, beating estimates by 3 cents and 3.5%, respectively. SLB’s revenues of $8.32 billion also surpassed estimates but faced a 3.6% pre-market selloff.
Later today, the University of Michigan’s final print for U.S. Consumer Sentiment will be released, currently hovering at a record-low 47.6, with forecasts suggesting a slight increase. Next week’s earnings will include major companies such as Alphabet, Amazon, Meta Platforms, and Microsoft, alongside critical economic data, including housing indicators and the Federal Open Market Committee meeting.
