# Major Wall Street indices closed at fresh records as markets cheered the latest batch of earnings reports.

*business · news · 2026-04-24 · CNA*

## Key points

- S&P 500 and Nasdaq hit all-time highs driven by better-than-expected first-quarter earnings reports.
- Intel surged 23.6% after forecasting rising revenues due to strong data center chip demand.
- US and Iranian officials are heading to Pakistan for direct peace talks, initiated by Iran’s outreach.
- Factset reports S&P 500 profit margin growth at 13.4%, potentially a record since 2009 if maintained.
- German business morale dropped to its lowest level since COVID, linked to the Iran crisis.

**Companies:** Intel, Alphabet, Meta, Microsoft, Amazon, Apple
**Countries:** United States, Iran, Pakistan

[Read the full story on CNA](https://www.channelnewsasia.com/world/sp-500-nasdaq-end-records-intel-shares-surge-6079991)

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