# Indian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs.

*business · news · 2026-04-25 · The Economic Times*

## Key points

- Intel surged 23.65% to a record $82.57 after raising its Q2 revenue forecast.
- US special envoy Steve Witkoff and Jared Kushner are traveling to Islamabad for Iran talks.
- The Philadelphia SE Semiconductor Index extended its record run to 18 consecutive sessions of gains.
- The US Justice Department closed its investigation into Fed Chair Jerome Powell, aiding Kevin Warsh's confirmation.
- Market odds for a December Fed rate cut rose from 23% to 39% in one session.

**Companies:** Intel, Amazon, Google, Microsoft, Meta, Qualcomm, Advanced Micro Devices, Nvidia
**Countries:** United States, Iran, Pakistan

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/us-stocks/news/sp-500-nasdaq-close-at-records-on-tech-lift-iran-peace-talk-hopes/articleshow/130508098.cms)

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