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Source document· April 23, 2026
Stock Indexes Recover on Strength in Chipmakers
View original at nasdaq.comStock Indexes Recover on Strength in Chipmakers The S&P 500 Index ($SPX) (SPY) today is up +0.07%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%…
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Iran said it will not resume negotiations while a US naval blockade on its ports is in place
60% confidenceStripping out the technology sector, Q1 earnings are projected to increase around +3%, the weakest in two years
60% confidenceMarkets are discounting a 1% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting
60% confidenceQ1 S&P 500 earnings are projected to climb +12% y/y
60% confidenceSwaps are discounting a 10% chance of a +25 bp ECB rate hike at its next policy meeting on April 30
60% confidenceUS said it was waiting for a response from Iran before peace talks could restart
60% confidenceWar in the Middle East has delayed some sales deals
60% confidence
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