# S&P 500 and Nasdaq hit record highs on US Iran talks optimism, Dow slips.

*semiconductor · news · 2026-04-24 · CNBC TV18*

## Key points

- Nasdaq and S&P 500 hit record highs due to US-Iran peace talks optimism.
- Intel shares jumped 23% after strong earnings and an upbeat forecast, boosting semiconductors.
- Iran’s Foreign Minister is expected in Islamabad for possible US talks via Pakistani mediation.
- Oil prices eased as US-Iran diplomatic progress reduced fears of supply disruption.

**Companies:** Intel
**Countries:** United States, Iran, Pakistan

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