Morning Market Brief - 2026-04-27
U.S. Indices
On April 24, 2026, U.S. stock indices exhibited mixed performances, with market breadth reflecting a divergence between the major indices and the number of advancing versus declining stocks. The S&P 500 rose by 0.8% to 7,165.08, reaching a new all-time high. The Nasdaq Composite surged 1.6% to 24,836.60, driven by a 23.6% surge in Intel's stockāits best single-day performance since 1987. In contrast, the Dow Jones Industrial Average declined by 0.2% to 49,230.71. The Russell 2000 index of smaller companies increased by 0.4% to 2,787.00. ([apnews.com](https://apnews.com/article/fc22c5b3b62593817c7e0eba52a42ce1?utm_source=openai))
Top Movers
Top Gainers:
- Intel Corporation (INTC): Shares surged 23.6% to $82.54, marking its best single-day performance since 1987. ([apnews.com](https://apnews.com/article/fc22c5b3b62593817c7e0eba52a42ce1?utm_source=openai))
- Advanced Micro Devices, Inc. (AMD): Stock price rose 13.91% to $347.81.
- Qualcomm Incorporated (QCOM): Increased by 11.12% to $148.85.
- Synopsys, Inc. (SNPS): Gained 9.62% to $500.82.
- Super Micro Computer, Inc. (SMCI): Advanced 8.71% to $29.08.
Top Losers:
- Charter Communications, Inc. (CHTR): Declined 25.50% to $180.13.
- Comcast Corporation (CMCSA): Fell 12.90% to $27.56.
- HCA Healthcare, Inc. (HCA): Dropped 8.77% to $432.46.
- Boston Scientific Corporation (BSX): Decreased by 5.51% to $62.07.
- Eli Lilly and Company (LLY): Shares fell 3.67% to $883.96.
Global Markets
Europe:
- FTSE 100 (UK): Closed at 10,410.74, up 0.30%.
- DAX (Germany): Ended at 24,377.97, an increase of 1.03%.
- CAC 40 (France): Finished at 8,214.60, rising 0.70%.
- Euro Stoxx 50: Closed at 5,931.91, up 0.82%.
Asia:
- Nikkei 225 (Japan): Closed at 60,537.36, up 1.38%.
- Hang Seng (Hong Kong): Ended at 25,925.65, down 0.20%.
- Shanghai Composite (China): Finished at 4,086.34, up 0.16%.
- TSX Composite (Canada): Closed at 33,904.10, down 0.03%.
Commodities
- WTI Crude Oil: Settled at $95.17, up 0.82%.
- Brent Crude: Closed at $100.23, down 4.84%.
- Natural Gas: Ended at $2.75, up 9.16%.
- Gold: Finished at $4,717.10, down 0.11%.
- [Silver](https://aksoycapital.com/glossary/silver.html): Closed at $75.56, down 1.08%.
- Platinum: Ended at $2,013.30, down 0.08%.
- Copper: Closed at $6.08, up 0.99%.
Money Market / Rates Curve
- Federal Funds Rate: 3.64%.
- [SOFR](https://aksoycapital.com/glossary/sofr.html) (Overnight): 3.65%.
- 1-Month [T-Bill](https://aksoycapital.com/glossary/t-bill.html): 3.69%.
- 3-Month T-Bill: 3.69%.
- 6-Month T-Bill: 3.72%.
- 1-Year Treasury: 3.70%.
- 10-Year TIPS Real Yield: 1.92%.
Macro and FX
- VIX: 19.31.
- 10-Year Treasury Yield: 4.34%.
- 2-Year Treasury Yield: 3.83%.
- 10Y-2Y Spread: 0.51 percentage points.
- DXY (Dollar Index): 98.33.
Crypto
- Bitcoin (BTC-USD): $77,796.27, down 1.09%.
- Ethereum (ETH-USD): $2,319.19, down 2.13%.
Top Stories Driving Markets
- Geopolitics: On April 12, 2026, President Trump announced a U.S. blockade of the Strait of Hormuz after weekend talks with Iran collapsed. This development led to a surge in energy prices and a decline in Dow Jones Industrial Average, S&P 500, and Nasdaq futures by more than 1%. The heightened inflation risk prompted a repricing of rate-cut expectations.