Pre-market briefing Pre-Market Briefing – April 23, 2026
Today at a Glance
Market Mood
Futures pointed lower as trading geared up for the open. After the S&P 500 and Nasdaq notched record closes the prior session, profit-taking emerged, with S&P 500 futures down 0.43% and Nasdaq futures off 0.40%. The theme carried into Asia, where Japan's Nikkei 225 set an intraday record at 60,014 before closing -0.75%, and Hong Kong's Hang Seng fell 0.92%, broadening the global profit-taking mood. Mixed reactions to after-hours earnings from $TSLA and $IBM also tested sentiment, keeping the focus on whether a short-term overbought pullback is in the cards.
Today's Events
Yesterday's Recap
On Tuesday (4/22), the New York stock market rallied on the extension of the Iran ceasefire and solid earnings, with the S&P 500 +1.05%, Nasdaq +1.64%, and Dow +0.69%, sending all three benchmarks to fresh record highs. Tech ($XLK +2.2%) led the advance, and a semiconductor and AI-infrastructure cohort staged an explosive rally, including GEV +13.75%, ARM +12.01%, and MU +8.44%. The VIX quickly settled back to 18.85. After the close, TSLA delivered an EPS beat at $0.41 versus $0.37 expected, but gave back its after-hours gains after raising full-year capex guidance by $5 billion (CNBC), while IBM fell roughly -6% after-hours despite topping revenue and EPS estimates, as concerns over a consulting-slowdown weighed on the stock (PR Newswire). For a fuller breakdown, see the Previous Day's Market Recap.
Names to Watch
For detailed signal analysis, see the Technical Signals Report.
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