{"id":60853,"date":"2026-04-13T14:07:28","date_gmt":"2026-04-13T18:07:28","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-and-energy-drive-gains-as-q1-earnings-season-begins-with-goldman-sachs\/60853\/"},"modified":"2026-04-13T14:07:28","modified_gmt":"2026-04-13T18:07:28","slug":"tech-and-energy-drive-gains-as-q1-earnings-season-begins-with-goldman-sachs","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-and-energy-drive-gains-as-q1-earnings-season-begins-with-goldman-sachs\/60853\/","title":{"rendered":"Tech and Energy Drive Gains as Q1 Earnings Season Begins with Goldman Sachs"},"content":{"rendered":"<p>As the trading session progresses into the afternoon on Monday, April 13, 2026, the U.S. stock market is exhibiting a &quot;risk-on&quot; sentiment, characterized by a notable divergence between growth-oriented tech sectors and defensive utilities. Investors are closely monitoring the unofficial kickoff of the first-quarter earnings season, which began this morning with major financial institutions and industrial players setting the tone for the weeks ahead.<\/p>\n<h2>Major Market Indexes Performance<\/h2>\n<p>In afternoon trading, the major market indexes are largely holding onto gains, led by the technology-heavy Nasdaq Composite. The NASDAQ (<a href=\"\/stock\/%5EIXIC\">^IXIC<\/a>) has climbed 156.91 points, or 0.69%, to reach 23,059.81. This strength is mirrored in the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/%5EGSPC\">^GSPC<\/a>), which is up 30.80 points, or 0.45%, currently sitting at 6,847.69.<\/p>\n<p>The <a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>) is seeing more modest movement, up just 27.82 points, or 0.06%, at 47,944.39. This relative underperformance in the Dow is likely due to a rotation out of value-heavy defensive stocks into higher-growth areas. Meanwhile, small-cap stocks are showing significant strength, with the Russell 2000 (<a href=\"\/stock\/%5ERUT\">^RUT<\/a>) advancing 0.72% to 2,655.19. Despite the green across most boards, the CBOE Volatility Index (<a href=\"\/stock\/%5EVIX\">^VIX<\/a>), often referred to as the market&#39;s &quot;fear gauge,&quot; has edged up 1.08% to 19.70, suggesting that traders remain wary of potential volatility as more earnings data arrives.<\/p>\n<h2>Sector Performance and Commodity Trends<\/h2>\n<p>The afternoon&#39;s sector performance highlights a surge in high-growth and energy-related assets. The Genomics sector, represented by ARKG, is the day&#39;s standout performer, surging 4.33%. Close behind is the Energy sector, with the United States Oil Fund (USO) rising 3.81%. This move in energy stocks is supported by a significant jump in Crude Oil Futures (CL=F), which have risen 2.66% to $99.14 per barrel.<\/p>\n<p>Conversely, defensive sectors are feeling the heat. The Utilities sector (XLU) is the biggest laggard, dropping 1.64%, while Consumer Staples (XLP) has declined 1.15%. In the commodities space, <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Futures (GC=F) are trading lower by 0.70% at $4,754.00, as the appetite for safe-haven assets wanes in favor of equities.<\/p>\n<h2>Corporate News and Stock Movers<\/h2>\n<p>The spotlight today is firmly on Goldman Sachs Group Inc. (<a href=\"\/stock\/GS\">GS<\/a>), which reported its Q1 2026 earnings before the opening bell. With an estimated EPS of $16.34, the banking giant\u2019s performance is being viewed as a bellwether for the financial sector&#39;s health. Also reporting this morning was Fastenal Company (<a href=\"\/stock\/FAST\">FAST<\/a>), which posted results against an estimated EPS of $0.30.<\/p>\n<p>In the technology sector, mega-cap names continue to provide the necessary lift for the broader indexes. Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>), Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>), and Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>) remain central to the Nasdaq&#39;s upward trajectory. Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>) and Alphabet Inc. (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) are also seeing active trading as investors position themselves ahead of their respective earnings reports later this month.<\/p>\n<p>In the <a href=\"https:\/\/stockmarketwatch.com\/markets\/pre-market\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> and early session, several smaller companies made massive moves. Sky Quarry Inc. (<a href=\"\/stock\/SKYQ\">SKYQ<\/a>) skyrocketed 120.2% on heavy volume, while TMD Energy Limited (<a href=\"\/stock\/TMDE\">TMDE<\/a>) gained 60.4%. On the losing side, Lipocine Inc. (<a href=\"\/stock\/LPCN\">LPCN<\/a>) saw a sharp decline of 77.5%.<\/p>\n<h2>Upcoming Market Events<\/h2>\n<p>Looking ahead, the remainder of the week is packed with high-impact earnings releases that will likely dictate market direction. On Tuesday, April 14th, the &quot;Big Banks&quot; take center stage with 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>) all scheduled to report before the open.<\/p>\n<p>Mid-week, attention will shift to the semiconductor and tech space with ASML Holding N.V. (<a href=\"\/stock\/ASML\">ASML<\/a>) reporting 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 crucial in determining if the current tech-led rally has the fundamental support to continue through the spring.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the trading session progresses into the afternoon on Monday, April 13, 2026, the U.S. stock market is exhibiting a [&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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94,6824],"tags":[5030,5346,95,5518,225,297,633,3710,3742,3793,4223,4380],"class_list":["post-60853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","category-featured","tag-energy","tag-uso","tag-nasdaq","tag-goldmansachs","tag-aapl","tag-gs","tag-nvda","tag-federal-reserve","tag-xlu","tag-xlp","tag-inflation","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=60853"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=60853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=60853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=60853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}