Stock market today: Dow, S&P 500, and Nasdaq slide as oil rises
u/Every-Actuator-6996 ·
Reddit — r/StockMarket
· April 23, 2026 at 14:39
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[https://finance.yahoo.com/markets/stocks/live/stock-market-today-dow-sp-500-and-nasdaq-slide-as-oil-rises-amid-hormuz-standoff-233045628.html](https://finance.yahoo.com/markets/stocks/live/stock-market-today-dow-sp-500-and-nasdaq-slide-as-oil-rises-amid-hormuz-standoff-233045628.html)
US stocks pulled back on Thursday as investors assessed Tesla’s ([TSLA](https://finance.yahoo.com/quote/TSLA/)) results amid a fresh rush of earnings.
The S&P 500 ([\^GSPC](https://finance.yahoo.com/quote/%5EGSPC/)) slid 0.2%, coming off another [record-setting session](https://finance.yahoo.com/markets/stocks/live/stock-market-today-wednesday-april-22-dow-sp-500-nasdaq-trump-us-iran-ceasefire-230429476.html) for the broad benchmark. Meanwhile, the Dow Jones Industrial Average ([\^DJI](https://finance.yahoo.com/quote/%5EDJI/)) and tech-heavy Nasdaq Composite ([\^IXIC](https://finance.yahoo.com/quote/%5EIXIC/)) dropped 0.4% and 0.3%, respectively. Investors are looking to [earnings reports](https://finance.yahoo.com/markets/live/earnings-live-updates-tesla-stock-jumps-on-earnings-beat-elon-musk-says-optimus-robots-will-be-biggest-product-ever-104416733.html) to provide uplift. Tesla stock initially climbed after its [earnings beat](https://finance.yahoo.com/markets/stocks/article/tesla-q1-earnings-sales-top-forecasts-as-company-sees-tailwinds-boosting-auto-business-135049841.html) but turned lower at the opening bell on Thursday, slipping almost 3% after CEO Elon Musk signaled a massive capital expenditure push that will drag on cash flow.
Elsewhere, ServiceNow ([NOW](https://finance.yahoo.com/quote/NOW/)) stock sank over 15% after the opening bell despite an upbeat earnings report, while [IBM](https://finance.yahoo.com/sectors/technology/articles/ibm-tops-quarterly-estimates-hybrid-201122400.html) ([IBM](https://finance.yahoo.com/quote/IBM/)) shed 11% as slowing revenue growth fed worries that Anthropic’s AI tools will disrupt its business.