Stocks Hit Record Close Ahead of Busy Earnings Week | The Close 4/27/2026

Watch on YouTube ↗  |  April 27, 2026 at 22:13  |  1:27:01  |  Bloomberg Markets
Speakers
Kay Haigh — Head of Content, CoinDesk
Stacy Rasgon — Senior Analyst, U.S. Semiconductors & Semiconductor Capital Equipment, Bernstein Research

Summary

The S&P 500 closes at a record high amid a narrow rally led by tech and chip stocks. The episode previews a busy earnings week for major tech companies and central bank decisions, with guests discussing fixed income, private credit, AI, and upcoming earnings for UPS, GM, and Starbucks.

  • S&P 500 ekes out a record close, up 0.1%.
  • Narrow rally concentrated in tech and semiconductor stocks.
  • Major tech earnings (Microsoft, Apple, Amazon, Meta, Alphabet) loom.
  • Federal Reserve and other central banks meet this week.
  • Goldman Sachs' Kay Haigh favors investment-grade credit.
  • Bernstein's Stacy Rasgon downgrades Qualcomm, citing smartphone weakness.
  • Monroe Capital CEO defends private credit, highlights sector preferences.
  • Preview of UPS, GM, and Starbucks earnings for the next day.
Trade Ideas
Kay Haigh Head of Content, CoinDesk 6:01
Supportive of investment-grade credit.
Fundamentals support investment-grade credit with strong demand, resilient earnings, attractive all-in yields around 5.5%.
LQD MED
Stacy Rasgon Senior Analyst, U.S. Semiconductors & Semiconductor Capital Equipment, Bernstein Research 15:14
Qualcomm faces smartphone headwinds.
Qualcomm is in a weak smartphone market with headwinds from Apple designing out its modems, limited upside from OpenAI deal, and unit declines; downgraded to market perform.
QCOM HIGH
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This Bloomberg Markets video, published April 27, 2026, features Kay Haigh, Stacy Rasgon discussing LQD, QCOM. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kay Haigh, Stacy Rasgon  · Tickers: LQD, QCOM