This content was published on <\/p>\n
April 22, 2026 – 23:30\n<\/p>\n
(Bloomberg) \u2014 Stocks climbed to all-time highs as a slew of strong corporate results and President Donald Trump\u2019s extension of a ceasefire with Iran revived risk appetites after a two-day retreat. Bitcoin rallied.<\/p>\n
The S&P 500\u2019s 1% gain extended its advance for the month, set to be the best since 2020. Chipmakers climbed for a 16th straight day, the longest-ever winning streak. Boeing Co. surged on solid first-quarter deliveries. In late hours, Tesla Inc. jumped as earnings beat estimates. Texas Instruments Inc. gave a strong forecast for the current period.<\/p>\n
\u201cStocks are rebounding after suffering the first back-to-back losses of the month, with President Trump\u2019s ceasefire extension and upbeat earnings reports driving continued equity upside,\u201d said Jose Torres at Interactive Brokers.<\/p>\n
Trump\u2019s ceasefire extension represented a retreat from threats to resume the bombing of Iran in the event a deal couldn\u2019t be reached by a Wednesday deadline, a move that would have revived a war that\u2019s killed thousands of people and sent energy prices soaring.<\/p>\n
The question now is whether the two sides can reach an agreement. Tensions remain high as Tehran keeps a tight grip on the Strait of Hormuz, controlling passage through the trade route and firing on ships. The US refuses to lift its blockade on Iranian-linked vessels. Brent oil settled near $102.<\/p>\n
The situation is \u201ccalm and chaotic\u201d at the same time, according to Kenny Polcari at SlateStone Wealth.<\/p>\n
\u201cWhile the Iran conflict is ongoing, my sense is that investors are already starting to look through it and focus on what really matters,\u201d he said. \u201cWe\u2019ve seen this movie before \u2014 the headlines hit, the market reacts, then it settles down and refocuses on fundamentals.\u201d<\/p>\n
Strong corporate profits, the revival of the artificial-intelligence trade and an otherwise resilient economy have buoyed stocks despite lingering geopolitical risks. Nearly 80% of the S&P 500 companies reporting first-quarter results have beaten analyst earnings estimates so far, according to data compiled by Bloomberg.<\/p>\n
While there is still uncertainty and saber rattling over the Iran conflict, markets are forward-looking, noted Rick Gardner at RGA Investments.<\/p>\n
\u201cIt\u2019s possible that we see a continuation of negative headlines, ultimatums and deadlines for negotiations, but that doesn\u2019t mean that stocks will react meaningfully to each one, since markets already priced-in the worst of the conflict,\u201d he said.<\/p>\n
Corporate Highlights:<\/p>\n
International Business Machines Corp. posted quarterly sales in its software unit that were in line with estimates, failing to shake investor concerns about AI disruption to its business. ServiceNow Inc., a provider of software for business tasks, reported lukewarm results and said some sales deals have been delayed by the war in the Middle East. Alphabet Inc.\u2019s Google Cloud division unveiled the latest generation of its tensor processing unit, or TPU, a homegrown chip that\u2019s designed to make AI computing services faster and more efficient. Southwest Airlines Co. reported adjusted quarterly profit and revenue that fell just shy of Wall Street\u2019s expectations, as the US carrier joins rivals in grappling with higher fuel costs. Lululemon Athletica Inc. named Heidi O\u2019Neill its new chief executive officer as the athletic retailer looks to move beyond a turbulent period of slowing growth and investor unrest. What Bloomberg Strategists say\u2026<\/p>\n
\u201cWednesday\u2019s return to the post-shock playbook is happening as uncertainty is still high. Investors have gone back to taking comfort from earnings beats, AI capex growth tailwinds and a US consumer that has so far absorbed higher gasoline prices better than feared. That leaves a painful asymmetry.\u201d<\/p>\n
\u2014Michael Ball, Macro Strategist, Markets Live. For the full analysis, click here.<\/p>\n
Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
The S&P 500 rose 1% as of 4 p.m. New York time The Nasdaq 100 rose 1.7% The Dow Jones Industrial Average rose 0.7% The MSCI World Index rose 0.6% Currencies<\/p>\n
The Bloomberg Dollar Spot Index was little changed The euro fell 0.3% to $1.1705 The British pound was little changed at $1.3502 The Japanese yen fell 0.1% to 159.56 per dollar Cryptocurrencies<\/p>\n
Bitcoin rose 4.2% to $78,920.1 Ether rose 3.7% to $2,400.52 Bonds<\/p>\n
The yield on 10-year Treasuries advanced one basis point to 4.30% Germany\u2019s 10-year yield was little changed at 3.01% Britain\u2019s 10-year yield advanced three basis points to 4.91% Commodities<\/p>\n
West Texas Intermediate crude rose 3.2% to $92.55 a barrel Spot gold rose 0.4% to $4,738.52 an ounce \u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 22, 2026 – 23:30 (Bloomberg) \u2014 Stocks climbed to all-time highs as…\n","protected":false},"author":2,"featured_media":285165,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,6144,85,46,6145],"class_list":{"0":"post-405881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-general","10":"tag-il","11":"tag-israel","12":"tag-ticker"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=405881"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/285165"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=405881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=405881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=405881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}