On the last trading day of April 2026, the US stock market surged dramatically, with the Dow Jones Industrial Average climbing 538 points to reach 49,400, a record high. This rally was fueled by a combination of strong earnings reports from major corporations, including Caterpillar and Qualcomm, and positive economic indicators. The S&P 500 rose 0.41%, while the Nasdaq increased by 0.16%, making April a standout month for equities. The Dow is on track for its best monthly gain since November 2024, with the S&P 500 up 9% and the Nasdaq up 14% in April alone. The surge was also supported by a significant drop in oil prices, which had briefly spiked above $126 per barrel due to geopolitical tensions but fell back to $105. This easing of oil prices alleviated inflation concerns and provided relief to various sectors. The market's positive sentiment reflects a broader recovery, with GDP growth accelerating and inflation data aligning with expectations, signaling stability in the economic outlook.