Dow Lands Triple-Digit Win After Day of Impressive Earnings

Gold edged lower as the dollar gained ground

Managing Editor
Apr 26, 2018 at 4:26 PM
facebook X logo linkedin

A solid day of earnings sent U.S. stocks higher today, with the Dow managing its second day of gains. Among the big earnings winners were Facebook (FB), Advanced Micro Devices (AMD), and Visa (V), the latter of which paced the blue-chip rally. Tech stocks also enjoyed a rebound, with Intel (INTC), Amazon (AMZN), and Microsoft (MSFT) slated to report earnings this evening. Meanwhile, the 10-year Treasury yield proceeded to pull back from the 3% level, softening concerns about bonds.

Continue reading for more on today's market, including:

The Dow Jones Industrial Average (DJI - 24,322.34) managed to gain 238.5 points, or 1%, for the day. Visa was the biggest of the 25 blue-chip winners, surging 4.8% after earnings, while Walt Disney (DIS) was the biggest loser, falling 1.3%. 

The S&P 500 Index (SPX - 2,666.94) gained 27.5 points, or 1%, while the tech-heavy Nasdaq Composite (IXIC - 7,118.68) picked up 114.9 points, or 1.6%.

The Cboe Volatility Index (VIX - 16.24) lost 1.6 point, or 9%, on the day.

Closing Indexes Summary April 26

NYSE and Nasdaq Stats April 26

5 Items on Our Radar Today

  1. Actor Bill Cosby was found guilty of three counts of aggravated indecent assault today, after last year's trial ended in a mistrial following a hung jury. The verdict was reached after six accusers testified, and the jury deliberated for 14 hours. The 80-year-old could face up to 30 years in prison. (MarketWatch)
  2. North Korea's leader Kim Jong Un will make history tomorrow by walking into South Korea for his meeting with the country's current president, Moon Jae-in. A North Korean leader has not crossed the border for roughly 70 years -- when the peninsula was divided. The leaders are expected to discuss denuclearization. (Bloomberg
  3. This chip stock marked a fresh low after earnings.
  4. Citrix stock hit a record high, despite a post-earnings downgrade.
  5. Analysts were upbeat after a Las Vegas Sands earnings beat.

Corporate Earnings April 26

Unusual Options Activity April 26

Data courtesy of Trade-Alert

Gold Falls for Second Session on Higher Dollar

Oil finished the session higher, amid speculation of renewed U.S. sanctions with Iran, and as Venezuelan output decreased. June-dated crude finished the session up 14 cents, or 0.2%, at $68.19 per barrel.

Gold fell for a second day in a row, after the dollar made significant headway. June-dated futures finished down $4.90, or 0.4%, to settle at $1,317.90 per ounce.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI