The S&P 500 Index rose by 0.41% on April 24, 2026, while the Dow Jones Industrial Average fell by 0.33%, and the Nasdaq 100 Index increased by 1.36%. This trend is partially driven by Intel’s remarkable gain of over 22% after forecasting Q2 revenue between $13.8 billion and $14.8 billion, surpassing expectations of $13.04 billion. The Nasdaq 100 also reached a new all-time high.
Meanwhile, optimism surrounding US-Iran talks appears to support stock gains, following reports that Iranian Foreign Minister Abbas Araghchi will meet with US officials in Pakistan. Additionally, the University of Michigan’s consumer sentiment index saw an upward revision to 49.8, above the anticipated 48.5. In the energy sector, Goldman Sachs estimates that crude output in the Persian Gulf has been reduced by 14.5 million barrels per day due to ongoing tensions.
Among individual stock movements, Organon & Co. surged more than 17% after reports of a potential $13 billion offer from Sun Pharma. Conversely, Charter Communications plummeted over 21% after reporting weaker than expected Q1 earnings.
