Morning Market Brief - 2026-04-28

U.S. Indices

On Monday, April 27, 2026, the U.S. stock market exhibited mixed performance, with the S&P 500 and Nasdaq Composite reaching new record highs, while the Dow Jones Industrial Average experienced a slight decline. The S&P 500 edged up 0.1% to 7,173.91, surpassing its previous all-time high. The Nasdaq Composite rose 0.2% to 24,887.10, also setting a new record. Conversely, the Dow Jones Industrial Average dipped 0.1% to 49,167.79. The Russell 2000 index of smaller companies increased by less than 0.1% to 2,788.19. ([washingtonpost.com](https://www.washingtonpost.com/business/2026/04/27/wall-street-stocks-dow-nasdaq/adc0671a-4276-11f1-b19d-32431046b5b4_story.html?utm_source=openai))

Top Movers

Top Gainers:

• Micron Technology (MU): Shares surged 5.60% to $524.56, driven by strong demand in the data-center sector.

• NVIDIA Corporation (NVDA): Stock rose 4.00% to $216.61, bolstered by optimism in artificial intelligence applications.

• HCA Healthcare, Inc. (HCA): Gained 3.08% to $445.77, reflecting positive investor sentiment in the healthcare sector.

• Intel Corporation (INTC): Increased 2.97% to $84.99, following favorable earnings reports.

• Palo Alto Networks, Inc. (PANW): Advanced 2.44% to $182.90, amid growing cybersecurity concerns.

Top Losers:

• Corning Inc. (GLW): Declined 4.48% to $168.01, impacted by market volatility.

• Spotify Technology S.A. (SPOT): Fell 4.28% to $495.82, amid competitive pressures in the streaming industry.

• Super Micro Computer, Inc. (SMCI): Dropped 4.23% to $27.85, influenced by sector-wide sell-offs.

• Teradyne, Inc. (TER): Decreased 3.85% to $402.00, affected by broader market trends.

• Advanced Micro Devices, Inc. (AMD): Shares fell 3.79% to $334.63, amid industry-wide fluctuations.

Global Markets

Europe:

• FTSE 100 (UK): Closed at 10,324.43, up 0.03%.

• DAX (Germany): Ended at 24,005.06, down 0.33%.

• CAC 40 (France): Finished at 8,126.11, down 0.19%.

• Euro Stoxx 50: Concluded at 5,845.78, down 0.25%.

Asia:

• Nikkei 225 (Japan): Closed at 59,917.46, down 1.02%.

• Hang Seng (Hong Kong): Ended at 25,679.78, down 0.95%.

• Shanghai Composite (China): Finished at 4,078.64, down 0.19%.

• TSX Composite (Canada): Closed at 33,818.20, down 0.25%.

Commodities

• WTI Crude Oil: Rose 4.68% to $100.88, influenced by geopolitical tensions in the Middle East.

• Brent Crude Oil: Decreased 2.93% to $105.06, amid market volatility.

• Natural Gas: Increased 7.18% to $2.73, due to supply concerns.

• Gold: Fell 1.98% to $4,583.00, as investors shifted to riskier assets.

• [Silver](https://aksoycapital.com/glossary/silver.html): Declined 3.26% to $72.56, following gold's trend.

• Platinum: Dropped 3.01% to $1,921.40, amid broader commodity sell-offs.

• Copper: Decreased 1.35% to $5.94, influenced by global economic concerns.

Money Market / Rates Curve

• Federal Funds Rate: Held steady at 3.64%.

• [SOFR](https://aksoycapital.com/glossary/sofr.html) (Overnight): Remained at 3.66%.

• 1-Month [T-Bill](https://aksoycapital.com/glossary/t-bill.html): Yielded 3.69%.

• 3-Month T-Bill: Yielded 3.69%.

• 6-Month T-Bill: Yielded 3.71%.

• 1-Year Treasury: Yielded 3.67%.

• 10-Year TIPS Real Yield: Recorded at 1.89%.

Macro and FX

• VIX (Volatility Index): Closed at 18.71, indicating moderate market uncertainty.

• 10-Year Treasury Yield: Ended at 4.31%.

• 2-Year Treasury Yield: Finished at 3.78%.

• 10Y-2Y Spread: Narrowed to 0.53 percentage points.

• DXY (Dollar Index): Held at 98.8.

Crypto

• Bitcoin (BTC-USD): Decreased 1.57% to $76,151.99.

• **Ethereum (ETH-USD):