# The Dow Jones jumped 364 points.

*business · news · 2026-04-22 · The Economic Times*

## Key points

- Dow Jones, S&P 500, and Nasdaq surged after Trump extended the Iran ceasefire, easing geopolitical fears.
- Axe Compute Inc. led gains with a 102% surge, driven by renewed investor interest in smaller tech stocks.
- Palantir stock rose over 3% after a $300 million deal with the US Department of Agriculture.
- Boeing stock jumped nearly 4% pre-market after reporting better-than-expected quarterly results.

**Companies:** Tesla, NVIDIA Corporation, Boeing, Palantir, Navitas Semiconductor Corporation, Axe Compute Inc., POET Technologies Inc., Redwire Corp., Fermi Inc., Ondas Inc.
**Countries:** United States, Iran

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/why-us-stock-market-dow-jones-sp-500-nasdaq-on-the-move-today-dow-jumps-over-400-points-nasdaq-rallies-1-sp-500-climbs-as-ai-stocks-rebound-and-earnings-buzz-builds/articleshow/130445363.cms)

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