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Specialist John Parisi works at his post on the floor of the New York Stock Exchange, Wednesday, April 22, 2026.

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Intel carries Wall Street toward another record, while oil prices yo-yo lower

Intel carries Wall Street toward another record, while oil prices yo-yo lower

A surge for Intel following a blowout profit report is leading technology stocks higher, while oil prices keep swinging in the wait for what’s next with the Iran war. The S&P 500 rose 0.6% Friday and is on track to top its all-time high set on Wednesday. The Dow Jones Industrial Average dipped 169 points, and the Nasdaq composite rallied 1.4%. Intel's stock was potentially heading for its best day since 1987 after joining the parade of companies reporting stronger quarterly results than analysts expected. Oil prices fell after swinging up and down through the morning.