Stocks

Wall Street Review: S&P 500, Nasdaq Hit New Record Highs Amid Strong Earnings

Trading was uneven throughout the week, with sentiment swinging between optimism and caution amid geopolitical developments and corporate news.
Wall Street Review: S&P 500, Nasdaq Hit New Record Highs Amid Strong Earnings
A board shows prices at the New York Stock Exchange on April 22, 2026. Angela Weiss/AFP via Getty Images
Panos Mourdoukoutas
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Wall Street extended its recent rally into another week, with the S&P 500 and Nasdaq reaching fresh record highs as investor focus shifted away from tensions in the Middle East and toward corporate earnings and economic fundamentals.

Market participants appeared encouraged by continued consumer spending despite elevated oil prices, as well as strong earnings reports from major companies, including UnitedHealth, Boeing, and Intel, which exceeded expectations.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”