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Nasdaq Hits Record High, Oil Spikes on EIA Data, Spirit Airlines Nears Rescue Deal

22 Apr 2026, 12:00 - 16:00 (UTC)
1. The Nasdaq set a new all-time high, driven by a surge in technology and AI stocks like NVIDIA, Micron, and AMD, alongside significant gains in crypto-related equities.
2. WTI and Brent crude oil prices surged, rising 4% and over $3 respectively, after an EIA report showed a surprise draw in fuel inventories.
3. The U.S. government is reportedly nearing a rescue deal for the bankrupt Spirit Airlines with a loan of up to $500 million, according to the Wall Street Journal.
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