# US stock market surging big today.

*business · news · 2026-04-30 · The Economic Times*

## Key points

- The Dow Jones surged 538 points, crossing 49,400 for the first time in history.
- Qualcomm entered the custom silicon market for data centers, shipping to a leading hyperscaler.
- Caterpillar shares soared 9% after strong earnings on robust infrastructure and mining demand.
- Nasdaq gained 14% in April, its best monthly performance since April 2020.
- A sharp oil price reversal from $126 to $105 eased market fears of inflation and stagflation.

**Companies:** Apple, Alphabet, Amazon, Meta, Microsoft, Qualcomm, Caterpillar, Royal Caribbean, Eli Lilly
**Countries:** United States, Iran

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/why-us-stock-market-surging-big-today-on-final-day-of-april-dow-jones-sp-500-and-nasdaq-all-in-green-as-dow-jumps-record-500-points-nvidia-intel-and-meta-platforms-stocks-crash/articleshow/130639219.cms)

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