--- title: Market Report, 2026-04-28 description: AI concerns stall the rally as tech stocks fall. Nasdaq drops 1% while investors turn to Fed outlook and rising oil-driven inflation risks. image: https://blog.adamswealthadvisors.com/hubfs/Brook.png --- [Skip to content](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28#main-content) [![AdamsWealth-logo-white](https://blog.adamswealthadvisors.com/hubfs/Imported%20sitepage%20images/AdamsWealth-logo-white.svg "AdamsWealth-logo-white")](https://adamswealthadvisors.com/) [Connect with an Advisor](https://adamswealthadvisors.com/contact-us/) April 29, 2026 # Market Report, 2026-04-28 [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28) [envelope icon](mailto:?body=https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28) Market Report, 2026-04-28 2:05 Your browser does not support the video tag. The extraordinary stock rally hit a wall today for reasons outside of Iran, a reminder that geopolitical risks are not the only risks investors face after two months of the Middle East conflict dominating the headlines. OpenAI reportedly missed its own goals for new user acquisition and sales, which fueled worries that the firm may struggle to support its AI infrastructure spending. That spending had already received some skepticism after OpenAI’s internal estimate pushed its profitability timeline from 2029 to 2030. Business partners that work closely with OpenAI, such as Oracle and CoreWeave, saw their stock prices take hits, as did major semiconductor designers and makers. The Dow Jones Industrial Average, an index with much less exposure to semiconductor stocks, ended the day flat at 49,192. The Nasdaq, a technology-heavy index, dipped 1.01% to 27,029. The S&P 500, an index that is balanced yet increasingly concentrated in technology, lost half a percentage point to 7,139. The bond market rose further on higher oil prices as inflation remained a concern for income investors. The U.S. 5-year Treasury yield is now 3.98%, 3 basis points higher than yesterday, and the 10-year yield is 4.35%, one basis point higher than yesterday. Gold also took a hit and is nearly down to the $4,600 mark. Looking at today’s economic reports, real estate prices came in lower than expected, in line with many real estate-related reports showing that the housing market is cooling. Consumer confidence, on the other hand, rose surprisingly as job prospects for the next six months improved, though the index is still subdued compared with prior years. We look forward to tomorrow’s Federal Reserve action, for which the market has priced in 100% certainty that interest rates will stay the same, a remarkable feat. This is Adams Wealth Advisors, and we will be back tomorrow.   [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Brooklyn Stevenson](https://blog.adamswealthadvisors.com/daily-market-minute/tag/brooklyn-stevenson) ## Related posts [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Mitch-CoverPhoto-2.png?height=200&name=Mitch-CoverPhoto-2.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-23) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Mitch Greene, M.S., CFP®, ABFP™](https://blog.adamswealthadvisors.com/daily-market-minute/tag/mitch-greene-m-s-cfp-abfp) ## [Market Report, 2026-03-23](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-23) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) March 24, 2026 This week started off with a sharp rebound in stocks. A social media post from the U.S. President... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-23) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Brook-CoverPhoto.png?height=200&name=Brook-CoverPhoto.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-05) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update), [Brooklyn Stevenson](https://blog.adamswealthadvisors.com/daily-market-minute/tag/brooklyn-stevenson) ## [Market Report, 2026-03-05](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-05) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) March 6, 2026 More turmoil appeared in the stock market as Middle Eastern conflicts continue, further boosting... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-03-05) [![](https://blog.adamswealthadvisors.com/hs-fs/hubfs/Cover%20WITH%20NAMES@2x.png?height=200&name=Cover%20WITH%20NAMES@2x.png)](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-21) [wealth management](https://blog.adamswealthadvisors.com/daily-market-minute/tag/wealth-management), [Daily Market Update](https://blog.adamswealthadvisors.com/daily-market-minute/tag/daily-market-update) ## [Market Report, 2026-04-21](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-21) [Adams Wealth Advisors](https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors) April 27, 2026 Stocks faced another roadblock on Tuesday, halting the rally for yet another day, especially toward... [Read more](https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-21) ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm ## 491 N Bluff St. Ste 200 Saint George, UT 84770 (435) 294-0962 Monday – Friday 9am – 5pm ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## ![awa_square-1](https://blog.adamswealthadvisors.com/hs-fs/hubfs/awa_square-1.png?width=123&height=123&name=awa_square-1.png) ## 701 S Main, Suite 400 Logan, UT 84321 (435) 752-1702 Monday – Friday 9am – 5pm 491 N Bluff St. Ste 200 Saint George, UT 84770                                            [(435) 294-0962](tel:4352940962) Monday – Friday 9am – 5pm ## Links   - [Home](https://adamswealthadvisors.com/) - [Your Plan](https://adamswealthadvisors.com/your-plan/) - [Your Needs](https://adamswealthadvisors.com/your-needs/) - [Investment Management](https://adamswealthadvisors.com/your-needs/#plan-213) - [Team Based Approach](https://adamswealthadvisors.com/team-based-approach/) - [Insights](https://adamswealthadvisors.com/insights/) ## Contact   - [Meet an Advisor](https://adamswealthadvisors.com/meet-an-advisor/) - [Contact Us](https://adamswealthadvisors.com/contact-us/) - [Join Newsletter](https://adamswealthadvisors.com/join-newsletter/) ## Find us   [facebook-f icon](https://www.facebook.com/) linkedin-in icon Twitter icon ## Adams Wealth Management is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. The information, opinions, and forecasts contained herein are based on sources believed to be reliable, but their accuracy and completeness cannot be guaranteed. All views and information are as of the date indicated and are subject to change without notice. --- [Privacy Policy](https://adamswealthadvisors.com/privacy-policy/)    [Terms and Conditions](https://adamswealthadvisors.com/terms-and-conditions/)    [Cookie Policy](https://adamswealthadvisors.com/cookie-policy/)    [ADV 2A](https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=893993)    [Form CRS](https://reports.adviserinfo.sec.gov/crs/crs_286087.pdf) © 2026 Adams Wealth Advisors | Utah. All rights reserved. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Adams Wealth Advisors", "url" : "https://blog.adamswealthadvisors.com/daily-market-minute/author/adams-wealth-advisors" }, "dateModified" : "2026-04-29T12:52:33.621Z", "datePublished" : "2026-04-29T12:52:33.000Z", "headline" : "Market Report, 2026-04-28", "image" : [ "https://blog.adamswealthadvisors.com/hubfs/Brook.png" ], "mainEntityOfPage" : { "@id" : "https://blog.adamswealthadvisors.com/daily-market-minute/market-report-2026-04-28", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.adamswealthadvisors.com/hubfs/adamslogo_Black_LARGE.jpg_3000_50.png" }, "name" : "Adams Wealth Advisors" } } ``` ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://44839133.fs1.hubspotusercontent-na1.net/hubfs/44839133/video_assets/209861630347/inherited/web_optimized.mp4", "dateModified" : "2026-03-24T13:19:00.101Z", "duration" : "PT2M46S", "height" : 720, "name" : "Market Report, 2026-03-23", "thumbnailUrl" : "https://api-na1.hubspot.com/filemanager/api/v3/files/thumbnail-redirect/209861630347?portalId=44839133&size=medium", "uploadDate" : "2026-03-24T13:18:51.139Z", "width" : 720 } ``` ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "contentUrl" : "https://44839133.fs1.hubspotusercontent-na1.net/hubfs/44839133/video_assets/208835577732/inherited/web_optimized.mp4", "dateModified" : "2026-03-06T16:04:44.605Z", "duration" : "PT2M24S", "height" : 720, "name" : "Market Report, 2026-03-05", "thumbnailUrl" : "https://api-na1.hubspot.com/filemanager/api/v3/files/thumbnail-redirect/208835577732?portalId=44839133&size=medium", "uploadDate" : "2026-03-06T16:02:02.947Z", "width" : 720 } ```