{"id":60849,"date":"2026-04-13T12:07:23","date_gmt":"2026-04-13T16:07:23","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nasdaq-gains-amid-energy-surge-while-dow-dips-on-earnings-kickoff\/60849\/"},"modified":"2026-04-13T12:07:23","modified_gmt":"2026-04-13T16:07:23","slug":"nasdaq-gains-amid-energy-surge-while-dow-dips-on-earnings-kickoff","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nasdaq-gains-amid-energy-surge-while-dow-dips-on-earnings-kickoff\/60849\/","title":{"rendered":"Nasdaq Gains Amid Energy Surge While Dow Dips on Earnings Kickoff"},"content":{"rendered":"<h2>Midday Market Momentum and Index Performance<\/h2>\n<p>As of midday trading on Monday, April 13, 2026, the U.S. stock market is exhibiting a notable divergence across major indexes. While technology shares are providing a cushion for the broader market, the blue-chip sector is facing downward pressure as the first-quarter earnings season begins in earnest.<\/p>\n<p>The <strong>Nasdaq Composite (^IXIC)<\/strong> is currently the standout performer, trading at 22,936.19, up 33.30 points or 0.1454%. This resilience is largely attributed to a steady bid in mega-cap technology names and a surge in quantum computing and biotech sectors. In contrast, the <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI)<\/strong> has retreated significantly, falling 221.64 points or 0.4626% to 47,694.93. The <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (^GSPC)<\/strong> remains nearly flat, down a marginal 0.0216% at 6,815.42, reflecting a tug-of-war between rising energy costs and tech-led optimism.<\/p>\n<p>Volatility is on the rise today, with the <strong>VIX (^VIX)<\/strong> climbing 2.46% to 19.97, suggesting increased investor anxiety as the market navigates geopolitical headlines and a heavy week of corporate reports. In the fixed-income market, the <strong>30 Year Treasury (^TYX)<\/strong> yield has edged up to 4.925%, maintaining pressure on interest-rate-sensitive sectors.<\/p>\n<h2>Energy Sector Surges as Commodities Shift<\/h2>\n<p>The most dramatic movement in today\u2019s session is found in the energy markets. <strong>Crude Oil Futures (CL=F)<\/strong> have skyrocketed by 6.5755%, trading at $102.92 per barrel. This spike has sent the <strong>United States Oil Fund (<a href=\"\/stock\/USO\">USO<\/a>)<\/strong> up by 6.68%, making it the top-performing major sector ETF of the day. Other beneficiaries include the <strong>SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (<a href=\"\/stock\/XOP\">XOP<\/a>)<\/strong>, which gained 0.99%.<\/p>\n<p>Conversely, safe-haven metals and digital assets are witnessing a pullback. <strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Futures (GC=F)<\/strong> dropped 1.059% to $4,736.70, weighing on the <strong>VanEck Gold Miners ETF (<a href=\"\/stock\/GDX\">GDX<\/a>)<\/strong>, which fell 1.76%. In the crypto space, the <strong>iShares Bitcoin Trust (<a href=\"\/stock\/IBIT\">IBIT<\/a>)<\/strong> and <strong>iShares Ethereum Trust (<a href=\"\/stock\/ETHA\">ETHA<\/a>)<\/strong> are down 2.00% and 2.26%, respectively, as investors rotate capital toward the surging energy complex.<\/p>\n<h2>Corporate News and Earnings Highlights<\/h2>\n<p>The financial sector is in focus today as Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>) officially kicked off the big bank earnings season. Despite reporting Q1 2026 estimated earnings per share of $16.34, the stock is navigating a cautious market environment. Joining them in the early reporting cycle was Fastenal Company (<a href=\"\/stock\/FAST\">FAST<\/a>), which reported before the bell.<\/p>\n<p>In individual stock news, Sky Quarry Inc. (<a href=\"\/stock\/SKYQ\">SKYQ<\/a>) saw a massive <a href=\"https:\/\/stockmarketwatch.com\/markets\/pre-market\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> and intraday surge of 120.2%, trading at $5.57 on high volume. Other significant movers include Cocrystal Pharma Inc. (<a href=\"\/stock\/COCP\">COCP<\/a>), up 66.7%, and TMD Energy Limited (<a href=\"\/stock\/TMDE\">TMDE<\/a>), which rose 60.4%. On the losing side, Lipocine Inc. (<a href=\"\/stock\/LPCN\">LPCN<\/a>) plummeted 77.5%, and Inovio Pharmaceuticals Inc. (<a href=\"\/stock\/INO\">INO<\/a>) dropped 23.0%.<\/p>\n<p>Mega-cap tech remains a focal point for momentum. Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) and Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) are seeing steady interest, while Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>) and Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>) continue to influence the Nasdaq\u2019s intraday trajectory. Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) is also being monitored closely as the market weighs the impact of recent AI policy discussions.<\/p>\n<h2>Upcoming Market Events to Watch<\/h2>\n<p>Investors are bracing for a high-stakes week. Tomorrow, Tuesday, April 14th, will see a flurry of reports from major financial institutions, including JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>), Wells Fargo &amp; Company (<a href=\"\/stock\/WFC\">WFC<\/a>), and Citigroup Inc. (<a href=\"\/stock\/C\">C<\/a>). Healthcare giant Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>) and asset manager BlackRock Inc. (<a href=\"\/stock\/BLK\">BLK<\/a>) are also scheduled to report.<\/p>\n<p>Later in the week, the tech sector will take center stage with earnings from ASML Holding N.V. (<a href=\"\/stock\/ASML\">ASML<\/a>) on Wednesday, followed by the highly anticipated results from Taiwan Semiconductor Manufacturing Company Ltd. (<a href=\"\/stock\/TSM\">TSM<\/a>) and Netflix Inc. (<a href=\"\/stock\/NFLX\">NFLX<\/a>) on Thursday. These reports will be critical in determining if the current market valuations are sustainable amidst a high-interest-rate environment and fluctuating energy prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Midday Market Momentum and Index Performance As of midday trading on Monday, April 13, 2026, the U.S. stock market is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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