Finance

Shares of Intel skyrocketed nearly 24% to a record high after the company reported stronger-than-expected first-quarter results and a positive outlook for AI-driven demand. This marked the stock's best single-day performance since 1987 and was a primary driver for the tech-heavy Nasdaq's outperformance.

While tech stocks rallied, the Dow Jones Industrial Average fell 0.2% on Friday, snapping a three-week winning streak. Industrial and financial components faced headwinds as oil prices remained elevated near $95 per barrel and uncertainties persisted regarding geopolitical tensions in the Middle East.

U.S. mortgage rates have trended lower, with the 30-year fixed-rate average dipping to approximately 6.05% to 6.13% as of late April 2026. This improved environment is providing some relief to the spring homebuying market, even as the 15-year fixed-rate average remains around 5.6%.

The total cryptocurrency market capitalization sits at approximately $2.67 trillion as of April 25, 2026, with Bitcoin trading near $77,500. Investor sentiment is currently characterized by fear, influenced by a CFTC crackdown on prediction markets and ongoing economic uncertainty.

The U.S. Department of Justice has concluded its investigation into Federal Reserve Chair Jerome Powell, potentially removing a significant hurdle for the confirmation of future nominees. Treasury yields eased slightly following the news, with the 10-year yield dipping to 4.30% as traders anticipate future interest rate paths.