Markets News, April 24, 2026: Nasdaq, S&P 500 Hit Records as Intel Soars; Oil Falls on US-Iran Talks; DOJ Drops Powell Probe
The Nasdaq Composite and S&P 500 ended higher for a fourth straight week, with Intel's shares soaring 24% after the company reported better-than-expected quarterly results. Oil prices fell on reports of US-Iran peace talks.
US stocks ended Friday mostly higher, with the Nasdaq Composite and S&P 500 setting fresh records. Intel's shares surged 24% after the company reported better-than-expected quarterly results and issued a rosy outlook on AI-driven demand. Fellow tech firms Arm Holdings, Qualcomm, and Advanced Micro Devices also posted double-digit gains. Oil prices declined nearly 1% to $95 a barrel on reports of US-Iran peace talks. The Justice Department is closing its criminal investigation into Fed Chair Jerome Powell. The 10-year Treasury yield ticked lower to 4.31%.
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