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Daily Market Snapshot: May 01, 2025

U.S. stocks extended their gains on Thursday, driven by strong earnings from Microsoft and Meta, which eased concerns about artificial intelligence spending and trade disruptions. The Dow and S&P 500 posted their eighth consecutive day of gains, with tech stocks leading the rally. However, mixed economic data, including a rise in jobless claims and a contraction in U.S. manufacturing, raised some caution for investors.

Daily Market Snapshot: April 30, 2025

U.S. stocks closed higher on Wednesday after a late rally, despite a 0.3% contraction in GDP for the first quarter. Consumer spending surged in March, topping expectations, while labor market data showed weaker-than-expected job growth. As trade tensions and economic uncertainty continue, investors remain cautious, but the market showed resilience as key tech stocks like Meta and Microsoft reported strong earnings.

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