S&P 500, Nasdaq push to closing records on optimism around Middle East talks, earnings
By Sinéad Carew and Niket
Nishant
Wed April 15, 2026
More positive Q1 reports from more banks combined with continued optimism on peace talks injected more confidence in the markets for the third day with both the Nasdaq and S&P reaching new records, the Nasdaq its first since October 29th. In fact, less than three weeks after Nasdaq signaled its correction it has already rebounded all the correction losses. The loser today was the Dow, down some 250 by 1 pm but then enjoyed its own rebound to close well above that low.
Of course, with the increased confidence, it has been traditional for investors to flee the safety of industrials and fly back to tech. The tech sectors all received remarkable boosts, the S&P software and services index rallying a big 4.3%, its third straight day of gains. Of course, the price of oil remains the real sticky-wicket. Volume continues to get closer to the 19.18 average, today closing at 18.66 billion.
DJ: 48,535.99 +317.74 NAS: 23,639.08
+455.35 S&P: 6,967.38
+81.14 4/14
DJ: 48,463.72 -72.27 NAS: 24,016.02
+376.93 S&P: 7,022.95
+55.57 4/15
No comments:
Post a Comment