Published on 22/04/2026 09:01 PM
US Stock Market Live Updates: Wall Street looked set for a firm opening on Wednesday, with stocks rising in early trade as US President Donald Trump extended the ceasefire with Iran, offering investors a breather amid lingering geopolitical tensions and a busy earnings slate.US equities moved higher shortly after the open, with the S&P 500 gaining 0.7% and the Nasdaq Composite advancing 0.8%, while the Dow Jones Industrial Average climbed 385 points, or 0.8%.Futures had already signalled the positive start, with contracts tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq all inching higher in the premarket, pointing to a rebound after the previous session’s losses.The upside comes even as the broader narrative around the US-Iran conflict remains fragile. Trump’s decision to prolong the truce, citing a “seriously fractured” Iranian government, has bought time, but uncertainty persists after peace talks stalled. US officials have reportedly paused diplomatic efforts, while Tehran has dismissed negotiations as unproductive, keeping markets on edge.Palantir Technologies shares rose over 3% after the company signed a $300 million agreement with the US Department of Agriculture.Under the deal, Palantir will provide software to improve service delivery for farmers and field staff, including tools to simplify acreage reporting and speed up disaster recovery payments under the “One Farmer, One File” initiative.The agreement will also help the USDA enhance visibility into agricultural risks, including supply chain resilience and external threats.The Nasdaq Composite climbed 1.3% to a new all-time intraday high of 24,570.66 on Wednesday.The move underscores a sharp turnaround from last month, when the index had slipped into correction territory amid escalating Iran war tensions, before rebounding strongly to record levels.Technology and industrial stocks continued to lead the market, with chipmakers extending their record-breaking run.The Technology Select Sector SPDR Fund (XLK) is on track for a historic 16-session winning streak, while the iShares Semiconductor ETF (SOXX) has logged ten straight intraday record highs.The rally has lifted a broad range of sectors and stocks, with semiconductors and tech hardware names driving momentum, alongside strength in industrials and transportation-linked shares.Netflix can drive growth by raising prices rather than relying on subscriber additions, according to Wolfe Research.Analyst Peter Supino said the streaming giant’s strong share of viewer attention positions it well to increase pricing over time, even without significant engagement growth.With users already spending a large portion of their daily viewing time on Netflix, the firm expects the platform to remain central to subscribers’ routines, supporting its pricing strategy as it shifts focus toward profitability.Netflix can drive growth by raising prices rather than relying on subscriber additions, according to Wolfe Research.Analyst Peter Supino said the streaming giant’s strong share of viewer attention positions it well to increase pricing over time, even without significant engagement growth.With users already spending a large portion of their daily viewing time on Netflix, the firm expects the platform to remain central to subscribers’ routines, supporting its pricing strategy as it shifts focus toward profitability.Wall Street looked set for a firm opening on Wednesday, with stocks rising in early trade as US President Donald Trump extended the ceasefire with Iran, offering investors a breather amid lingering geopolitical tensions and a busy earnings slate.US equities moved higher shortly after the open, with the S&P 500 gaining 0.7% and the Nasdaq Composite advancing 0.8%, while the Dow Jones Industrial Average climbed 385 points, or 0.8%.Futures had already signalled the positive start, with contracts tied to the Dow Jones Industrial Average up about 335 points, while those linked to the S&P 500 and Nasdaq 100 rose 0.7% and 0.9%, respectively, pointing to a rebound after the previous session’s losses.The upside comes even as the broader narrative around the US-Iran conflict remains fragile. Trump’s decision to prolong the truce — citing a “seriously fractured” Iranian government, has bought time, but uncertainty persists after peace talks stalled. US officials have reportedly paused diplomatic efforts, while Tehran has dismissed negotiations as unproductive, keeping markets on edge.
At 18:50 IST, crude prices traded higher, with West Texas Intermediate rising to $91.27 (+1.78%) and Brent crude at $99.92 (+1.46%).Coca-Cola could serve as a reliable hedge in volatile markets, according to JPMorgan.The bank reiterated its overweight rating on the stock with a price target of $83, implying about 11% upside. Analyst Andrea Teixeira described the company as an “all-weather” play, citing its ability to navigate shifting macro conditions.While not immune to broader economic pressures, Coca-Cola is seen as relatively insulated from inflationary costs and well-positioned to maintain consumer demand across both value and premium segments.The company is set to report earnings before the bell on April 28, with shares up nearly 7% so far this year.Robinhood’s retail-focused investment vehicle has taken a stake in OpenAI, expanding its exposure to private tech firms.The Robinhood Ventures Fund I invested $75 million in the AI company, marking one of its largest bets since the fund began trading earlier this year.Sarah Pinto said the investment reflects the fund’s goal of giving everyday investors access to transformative companies shaping the future.Boeing shares rose more than 3% in premarket trading after the company reported a narrower-than-expected first-quarter loss.The planemaker posted an adjusted loss of 20 cents per share, beating estimates for a steeper loss, while revenue came in at $22.22 billion, also ahead of expectations.Boeing also said it expects certification for its 737 Max 7 and Max 10 jets this year, with deliveries likely to begin in 2027.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.