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S&P 500, Nasdaq Rise to Records as Intel Surges, US Steps Up Iran Talks
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S&P 500, Nasdaq Rise to Records as Intel Surges, US Steps Up Iran Talks
Apr 24, 2026 1:52 PM

04:19 PM EDT, 04/24/2026 (MT Newswires) -- The S&P 500 and Nasdaq rose to records on Friday after Intel ( INTC ) reported strong Q1 results and the US sent envoys to Pakistan for Iran peace talks.

* US envoys Steve Witkoff and Jared Kushner will travel to Pakistan on Saturday to participate in talks involving Iran, CNN reported, citing the White House.

* The University of Michigan consumer sentiment index was revised upward to 49.8 for April from the preliminary estimate of 47.6, compared with expectations for 48.5 in a Bloomberg survey.

* May West Texas Intermediate crude oil fell $0.81 to settle at $95.04 per barrel, while June Brent crude, the global benchmark, was last seen up $0.86 at $105.93.

* Intel ( INTC ) shares jumped 24%, the top gainer on the S&P and Nasdaq, after the company reported higher Q1 adjusted earnings and revenue while issuing a Q2 outlook above market expectations.

* Charter Communications ( CHTR ) shares fell 26%, the biggest decline on the S&P and Nasdaq, after the company reported Q1 earnings below market estimates as revenue declined.

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