US Top News and Analysis | S&P futures decline following another record-setting day for benchmark: Live updates
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On Thursday morning, U.S. stock‑market futures slipped, with the S&P 500 down about 0.5 % and the Dow Jones Industrial Average off roughly 0.7 % after a record‑setting rally the day before; the decline was led by IBM and ServiceNow, which fell after earnings releases, and by Tesla, which retreated about 3 % after CEO Elon Musk warned that capital spending would rise sharply as the company pushes into AI‑driven self‑driving cars and humanoid robots. The previous session’s gains—S&P 500 +1.05 %, Nasdaq +1.64 %, Dow +0.69 %—were spurred by President Donald Trump’s extension of the U.S.‑Iran cease‑fire, though tensions remain high with Iran’s seizure of two container ships and ongoing diplomatic friction. Investor confidence is buoyed by a robust earnings season, where 81 % of the 87 S&P companies that have reported so far beat earnings expectations and 76 % topped revenue forecasts, prompting market strategist Julie Biel to note that businesses are navigating the “noise” and still delivering profit growth. Upcoming earnings from firms such as Honeywell, American Express, Blackstone, American Airlines and Lockheed Martin, along with the release of April’s S&P Global PMI data, are on traders’ radars. In Europe, stocks fell as the International Energy Agency warned of an unprecedented energy‑security threat, while L’Oréal and Nokia posted double‑digit gains; Asian markets retreated after reports that the United States intercepted Iranian oil tankers, though Japan’s Nikkei and South Korea’s Kospi each briefly hit all‑time intraday highs amid strong manufacturing PMI data and solid regional growth. Oil prices rose, with Brent crude nearing $104 a barrel and West Texas Intermediate around $94.
Read more: https://www.cnbc.com/2026/04/22/stock-market-today-live-updates.html
#IBM #ServiceNow #ElonMusk #DonaldTrump #JDVance #JulieBiel #FatihBirol
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