S&P 500, Nasdaq advance to record closing highs, boosted by robust earnings and a dip in crude prices.

EQT set to sweeten Intertek takeover bid

EQT is set to make a better takeover offer for Intertek, according to First Squawk.

Regeneron Q1 revenue $3.6B misses $9.46B estimate; adj EPS $9.47 beats $8.96. Co authorizes $3B buyback.

Regeneron reported Q1 2026 adjusted EPS of $9.47, beating estimates of $8.96, but revenue of $3.6 billion fell short of the estimated $9.46 billion. The company also authorized a new $3 billion share buyback program.

U.S. gas prices hit a fresh record since the start of the war with Iran, rising to an average of $4.23 per gallon, according to AAA.

U.S. gas prices have reached a new record high since the onset of the war with Iran, with the national average rising to $4.23 per gallon, according to AAA.

China to extend zero-tariff treatment to all African nations with diplomatic ties starting May 1. The policy aims to boost trade and investment across the continent.

China announced it will extend zero-tariff treatment to all African countries with which it maintains diplomatic relations, effective May 1.