Dow Jumps Over 400 Points; Boeing Posts Upbeat Q1 Results

by | Apr 22, 2026 | General

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 400 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.87% to 49,575.38 while the NASDAQ rose 0.70% to 24,430.83. The S&P 500 also rose, gaining, 0.69% to 7,112.74.

Leading and Lagging Sectors

Utilities shares jumped by 1.4% on Wednesday.

In trading on Wednesday, financial stocks rose by just 0.1%.

Top Headline

Boeing Co (NYSE:BA) reported better-than-expected results for the first quarter on Wednesday.

The company posted quarterly losses of 20 cents per share which beat the analyst consensus estimate of losses of 84 cents per share. The company reported quarterly sales of $22.217 billion which beat the analyst consensus estimate of $21.779 billion.

Equities Trading UP
           

  • Axe Compute Inc (NASDAQ:AGPU) shares shot up 103% to $9.93 after the company announced it signed a 36-month enterprise infrastructure contract to will deliver dedicated GPU compute and AI-focused high-speed storage infrastructure from a single U.S. Tier 3 data center facility.
  • Shares of Inhibrx Biosciences Inc (NASDAQ:INBX) got a boost, surging 55% to $130.51 after announcing updated interim data from Phase1/2 ozekibart combination with folfiri evaluation.
  • eLong Power Holding Ltd (NASDAQ:ELPW) shares were also up, gaining 57% to $2.41.

Equities Trading DOWN

  • ReTo Eco-Solutions Inc (NASDAQ:RETO) shares dropped 32% to $0.94.
  • Shares of La Rosa Holdings (NASDAQ:LRHC) were down 21% to $2.50 after receiving non-compliance notification from Nasdaq.
  • AIOS Tech Inc (NASDAQ:AIOS) was down, falling 24% to $0.42 after the company announced a 20-for-1 reverse split.

Commodities

In commodity news, oil traded up 1.7% to $91.24 while gold traded up 0.9% at $4,760.00.

Silver traded up 1.6% to $77.705 on Wednesday, while copper rose 0.8% to $6.0575.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 declined 0.1%, while Spain’s IBEX 35 Index fell 0.4%. London’s FTSE 100 fell 0.1%, Germany’s DAX slipped 0.1% and France’s CAC 40 declined 0.4% during the session.

Asia Pacific Markets

Asian markets closed mixed on Wednesday, with Japan’s Nikkei 225 gaining 0.40%, China’s Shanghai Composite climbing 0.52%, Hong Kong’s Hang Seng Index dipping 1.22% and India’s BSE Sensex dropping 0.95%.

Economics

U.S. mortgage applications surged 7.8% from the previous week in the week ending April 17, following a 1.8% gain from the prior period.

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