This content was published on <\/p>\n
April 24, 2026 – 19:27\n<\/p>\n
(Bloomberg) \u2014 Hopes that the US and Iran will be back to the negotiating table drove stocks toward all-time highs, with the market also rising after a blowout forecast from Intel Corp. and the closing of a probe into Federal Reserve Chair Jerome Powell.<\/p>\n
Friday\u2019s gain in the S&P 500 put the index on track for its longest weekly advance since 2024. President Donald Trump will send two envoys to Pakistan with the intention of talking with Iranian officials. US crude dropped below $94. Bond yields fell as the Justice Department\u2019s decision on Powell potentially cleared a path to Kevin Warsh\u2019s confirmation as the next Fed leader, with traders boosting bets on interest-rate cuts.<\/p>\n
Special envoy Steve Witkoff and the president\u2019s son-in-law Jared Kushner are set to depart Saturday for talks this weekend, White House Press Secretary Karoline Leavitt told Fox News. Iranian Foreign Minister Abbas Araghchi is also set to be in Pakistan but hasn\u2019t publicly agreed to sit down with Trump\u2019s representatives.<\/p>\n
Officials in Pakistan familiar with the matter said earlier they expected a second round of peace talks between the US and Iran, while declining to say when the negotiations would happen or at what level.<\/p>\n
Traders had been closely tracking the movements of both delegations for signals on whether peace talks will materialize, hoping for a resumption of flows though the vital Strait of Hormuz. Despite geopolitical risks, strong corporate earnings and an otherwise resilient economy have buoyed equities.<\/p>\n
\u201cWe believe strong earnings growth is a key reason markets have become less sensitive to geopolitical headlines and swings in oil prices,\u201d said Angelo Kourkafas at Edward Jones.<\/p>\n
A revival of the global tech trade has also fueled investor optimism. A gauge of chipmakers climbed for an 18th straight day as Intel hit all-time highs. SAP SE reported revenue growth from its cloud services that beat estimates while Taiwan Semiconductor Manufacturing Co. soared after Taiwan\u2019s financial regulator eased limits on single-stock fund holdings.<\/p>\n
Google will invest $10 billion in Anthropic PBC, with another $30 billion potentially to follow, strengthening the relationship between two companies that are at once partners and rivals in the race to build artificial intelligence.<\/p>\n
Looking ahead, five of the so-called Magnificent Seven \u2014 Amazon.com Inc., Alphabet Inc., Meta Platforms Inc., Microsoft Corp. and Apple Inc. \u2014 are due to report earnings next week.<\/p>\n
Corporate Highlights:<\/p>\n
Procter & Gamble Co. reported stronger-than-expected results for its latest quarter, but warned that rising oil prices caused by the war in the Middle East could lead to additional costs of $1 billion in its next fiscal year. Eli Lilly & Co.\u2019s new weight-loss pill Foundayo has gotten off to a sluggish start, according to new prescription data, an early sign of the challenge the drugmaker will have as it tries to catch up with rival Novo Nordisk A\/S. HCA Healthcare Inc. opted against raising its yearly profit and sales guidance even though first quarter profit beat analysts\u2019 views, meaning it could foresee challenges later in the year. SLB, the world\u2019s largest oilfield service provider, reported first-quarter results that fell short of analysts\u2019 expectations as the Iran war upends the global energy sector. Newmont Corp. plans to repurchase $6 billion in shares as the world\u2019s largest gold producer seeks to reward investors amid an unprecedented rally in bullion prices. Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
The S&P 500 rose 0.7% as of 1:26 p.m. New York time The Nasdaq 100 rose 1.7% The Dow Jones Industrial Average fell 0.3% The MSCI World Index rose 0.4% Philadelphia Stock Exchange Semiconductor Index rose 4.3% Currencies<\/p>\n
The Bloomberg Dollar Spot Index fell 0.2% The euro rose 0.3% to $1.1716 The British pound rose 0.4% to $1.3521 The Japanese yen rose 0.2% to 159.38 per dollar Cryptocurrencies<\/p>\n
Bitcoin fell 0.3% to $77,643.35 Ether fell 0.5% to $2,314.97 Bonds<\/p>\n
The yield on 10-year Treasuries declined one basis point to 4.31% Germany\u2019s 10-year yield declined two basis points to 2.99% Britain\u2019s 10-year yield declined three basis points to 4.91% The yield on 2-year Treasuries declined five basis points to 3.78% The yield on 30-year Treasuries was little changed at 4.92% Commodities<\/p>\n
West Texas Intermediate crude fell 2.3% to $93.65 a barrel Spot gold rose 0.7% to $4,726.24 an ounce \u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 24, 2026 – 19:27 (Bloomberg) \u2014 Hopes that the US and Iran…\n","protected":false},"author":2,"featured_media":1572,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1990,41,17,1991],"class_list":{"0":"post-55177","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-business-general","9":"tag-swiss","10":"tag-switzerland","11":"tag-ticker"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116461091239022428","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/55177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=55177"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/55177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/1572"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=55177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=55177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=55177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}