U.S. stock indexes declined on April 24, 2026, as escalating tensions between Iran and Israel weighed on investor sentiment. The Dow Jones Industrial Average fell 0.5%, the S&P 500 dropped 0.6%, and the Nasdaq Composite lost 0.7%, according to market data.
Intel Corp. shares surged 7% in after-hours trading after the chipmaker reported better-than-expected quarterly earnings and revenue. The company also issued an optimistic forecast for the current quarter, citing strong demand for its data center and AI chips.
ServiceNow Inc. fell 3% after the software company's subscription revenue forecast for the current quarter missed analyst estimates. Tesla Inc. also declined 2% amid concerns about slowing electric vehicle demand and increased competition.
Oil prices rose 2% on concerns that Iran's threats to disrupt shipping in the Strait of Hormuz could impact global supply. The yield on the 10-year Treasury note edged higher to 4.35% as investors weighed inflation data and Fed policy expectations.
