Weekly Market Wrap Up

A comprehensive weekly market wrap covering the AI-driven semiconductor rally, AMD and Intel news, the April jobs report, trade court rulings, and the ongoing U.S.-Iran conflict for the week of May 4, 2026.

The S&P 500 posted its fifth straight weekly gain, the Nasdaq crossed 25,000 for the first time, and mega-cap tech earnings dominated headlines as the Fed revealed its most divided vote in decades.

The stock market logged a choppy but resilient week, with the S&P 500 and Nasdaq Composite reaching new record highs amid strong mega-cap tech earnings, AI enthusiasm, and ongoing U.S.-Iran geopolitical developments. Here is your comprehensive Market Wrap for the week of April 21, 2026.

U.S. equity markets surged to record highs this week as Iran declared the Strait of Hormuz open for commercial shipping, triggering a sharp decline in oil prices and a broad-based rally across all major indices. The S&P 500 gained 4.5%, the Nasdaq jumped 6.8%, and the Dow added 3.2%, with strong Q1 earnings from TSMC, Bank of America, and Netflix further fueling investor optimism.

Week in Review: A Historic Rally Amidst Geopolitical Relief The stock market delivered its strongest weekly performance of 2026, driven by a wave of relief...