US Stocks Approach Records
2026-04-22 13:36
By
Andre Joaquim
1 min. read
US equities rebounded from recent losses on Wednesday amid an extension to the ceasefire in Iran and strong corporate earnings.
The S&P 500, Nasdaq 100, and Dow were around 1% higher, not far from their records.
President Trump extended the ceasefire with Iran indefinitely, backtracking earlier threats to postpone any imminent escalation that could magnify the global energy crunch.
Still, uncertainty remained after Iran struck and seized commercial vessels.
Heavyweight companies with exposure to AI gained as the risk-on pivot helped speculative sectors, with Amazon, Oracle, and Microsoft adding over 2%.
Datacenter demand also benefited GE Vernovia's guidance, lifting shares by 7%.
Meanwhile, AT&T gained after beating revenues and earnings estimates, while Boeing gained 3% after reporting a slower cash burn and most Q1 deliveries since 2019.
Tesla inched higher ahead of its earnings after the bell.
Also, Apple gained 2% as markets continued to digest John Ternus as the incoming CEO.