April 20, 2026

U.S. stock indices rose on Friday

International

Last Friday, the major U.S. stock indices rose throughout the trading day. The S&P 500 gained 1.2%, while the Nasdaq rose 1.5% and the Dow Jones 1.8%. Thus, so far in 2026, the indices have accumulated gains of 4.1%, 5.3%, and 2.9%.

This morning, geopolitical developments suggest that tensions are rising again, as the United States reportedly shot down an Iranian cargo ship that attempted to circumvent the blockade imposed on Iranian ports approximately one week ago. Consequently, the focus this week will be on the progress of negotiations regarding this issue.

Additionally, attention will also be on the earnings reports from companies for the first quarter of 2026. This week, UnitedHealth, Tesla, Philip Morris, IBM, AT&T, Moody’s, Reckitt Benckiser, Caterpillar, Intel, Nestlé, American Express, Blackstone, Lockheed Martin, and Procter & Gamble, among others, will report.

Finally, regarding fixed income, yields compressed across the entire U.S. Treasury yield curve. The 1-year yield fell from 3.68% to 3.63%, while the 3-year yield moved from 3.80% to 3.72%. Meanwhile, at the long end of the curve, the 10-year bond yield narrowed from 4.31% to 4.25%.

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