April 24, 2026

Major U.S. stock indices fell yesterday, with the S&P 500 down 0.4%

International

The major U.S. stock indices fell yesterday. The S&P 500 dropped 0.4%, while the Nasdaq fell 0.9%. The Dow Jones, meanwhile, also fell 0.4% at the close of trading. Thus, year-to-date, the indices have posted gains of 3.8%, 5.1%, and 2.6%, respectively.

Meanwhile, yields on U.S. Treasury bonds rose marginally. The 1-year bond yield rose from 3.68% to 3.69%. For the 3-year bond, the yield rose from 3.82% to 3.84%, and for the 10-year bond, the yield rose from 4.30% to 4.32%.

In Japan, March inflation data was released yesterday, coming in at +1.5% year-over-year, above the expected +1.4%, and accelerating from the +1.3% reported the previous month. The core measure, which excludes fresh food, also came in above expectations at +1.8% year-over-year.

Finally, Intel released its Q1 2026 results yesterday. Revenue was $13.58 billion for the quarter, exceeding the $12.41 billion projected by the analyst consensus, while earnings also surprised on the upside, with earnings per share (EPS) of $0.29, above the expected $0.02. American Express, Thermo Fisher Scientific, NextEra Energy, and Blackstone also beat expectations in terms of revenue and EPS, except for NextEra Energy’s revenue, which came in below estimates.

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