This content was published on <\/p>\n
April 27, 2026 – 12:14\n<\/p>\n
(Bloomberg) \u2014 US stocks held near record highs at the start of a week that will feature a raft of megacap tech earnings and central bank decisions, with the Strait of Hormuz still shut after efforts to resume US-Iran talks stalled.<\/p>\n
S&P 500 futures were down 0.1%. Brent crude rose 2.3% to just below $108 a barrel after President Donald Trump canceled a trip by top envoys to mediators in Pakistan over the weekend. Meanwhile, Tehran signaled it would accept an interim deal to reopen Hormuz in exchange for the US lifting its blockade of Iranian ports, Axios reported Monday.<\/p>\n
The S&P 500 is up nearly 10% this month following an unprecedented rally in chipmakers and robust corporate earnings. In the process, the US benchmark has recouped all losses after the war in the Middle East upended energy flows.<\/p>\n
In what is shaping up to be one of the busiest weeks so far this year, four tech hyperscalers \u2014 Alphabet Inc., Microsoft Corp., Amazon.com Inc. and Meta Platforms Inc. \u2014 are due to report Wednesday, followed by Apple Inc. a day later. Representing about a quarter of the S&P 500\u2019s market capitalization, the firms will give investors a clear read on whether the rally is sustainable.<\/p>\n
Wednesday will see the Federal Reserve deliver its latest interest-rate decision, with central bank officials across the Group of Seven also meeting during the week as investors eye how policymakers will confront the risk of a war-driven inflation shock.<\/p>\n
\u201cMarkets are looking for a new narrative and are jumping back to the AI boom for now,\u201d said Joachim Klement, head of strategy at Panmure Liberum. \u201cHowever, most investors seem to be guided by uncertainty and are still assessing the fallout from the Iran war. This could mean that a new macro story will emerge soon.\u201d<\/p>\n
European stocks rose 0.2% while Asia tracked Friday\u2019s Wall Street gains. Bonds fell across the world as oil prices continued to rise, with the 10-year Treasury yield two basis points higher at 4.32%. The dollar was down 0.2%, while gold remained little changed.<\/p>\n
\u201cEven if we do get a deal, oil is not going back to pre-war levels,\u201d wrote Mohit Kumar, chief economist and strategist for Europe at Jefferies. \u201cWe need to factor in some degree of stagflationary impact. The US should be the least impacted, South Asia the most impacted, while Europe should be somewhere in between.\u201d<\/p>\n
Warsh Vote<\/p>\n
In another keenly anticipated event this week, a Senate Banking Committee vote on Kevin Warsh\u2019s nomination as chair of the Federal Reserve is scheduled for Wednesday. Warsh is expected to be swiftly confirmed as Jerome Powell\u2019s successor, whose term ends on May 15, after Republican Senator Thom Tillis said he\u2019s dropping his blockade of the nomination.<\/p>\n
At his confirmation hearing last week, Warsh called for a \u201cregime change\u201d in the way the Fed conducts policy. Money markets are currently leaning against any Fed rate cut in 2026.<\/p>\n
As for Wednesday\u2019s Fed policy meeting, any meaningful change in guidance will likely be deferred until June, wrote Jim Reid, head of macro research and thematic strategy at Deutsche Bank AG.<\/p>\n
\u201cThat said, there is a tangible risk that communication skews modestly hawkish,\u201d Reid said. \u201cAn explicit acknowledgment that risks to price stability and employment are now more evenly balanced would likely be interpreted as a marginally less accommodative stance.\u201d<\/p>\n
Corporate News:<\/p>\n
China has decided to block Meta Platforms Inc.\u2019s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that\u2019s drawn fire for the leakage of technology to the US. Qualcomm Inc. shares rose 10% in premarket trading after TF International Securities analyst Ming-Chi Kuo said industry checks suggest OpenAI is working with the firm and Taiwan\u2019s MediaTek to develop smartphone processors. Nomura Holdings Inc. shares fell after its fourth-quarter profit missed analysts\u2019 estimates, due to writedowns and a loss in Europe. Sun Pharmaceutical Industries Ltd. agreed to acquire New York-listed women\u2019s health-care company Organon & Co., in what is likely to be one of the biggest India outbound deals in years. A group of budget airlines including Frontier and Avelo is seeking $2.5 billion in government assistance in exchange for warrants that could convert into equity stakes in the companies, the Wall Street Journal reported, citing people familiar with the matter. Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
S&P 500 futures fell 0.1% as of 6:08 a.m. New York time Nasdaq 100 futures were little changed Futures on the Dow Jones Industrial Average fell 0.2% The Stoxx Europe 600 rose 0.2% The MSCI World Index rose 0.2% Currencies<\/p>\n
The Bloomberg Dollar Spot Index fell 0.2% The euro rose 0.2% to $1.1742 The British pound rose 0.2% to $1.3554 The Japanese yen rose 0.1% to 159.20 per dollar Cryptocurrencies<\/p>\n
Bitcoin fell 0.5% to $77,818.01 Ether fell 1.8% to $2,321.46 Bonds<\/p>\n
The yield on 10-year Treasuries advanced two basis points to 4.32% Germany\u2019s 10-year yield advanced two basis points to 3.02% Britain\u2019s 10-year yield advanced three basis points to 4.94% Commodities<\/p>\n
West Texas Intermediate crude rose 2.1% to $96.42 a barrel Spot gold fell 0.1% to $4,704.75 an ounce This story was produced with the assistance of Bloomberg Automation.<\/p>\n
\u2013With assistance from Subrat Patnaik.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 27, 2026 – 12:14 (Bloomberg) \u2014 US stocks held near record highs…\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-56349","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\/116476305204339080","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/56349","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=56349"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/56349\/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=56349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=56349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=56349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}