U.S. stocks rose on May 2, driven by strong job growth data and the potential easing of U.S.-China trade tensions. The economy added 177,000 jobs in April, surpassing expectations, while unemployment held steady at 4.2%. Despite a recent contraction in GDP, the market reacted positively to trade talk developments and strong earnings from major tech companies like Meta and Nvidia.
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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 29, 2025
U.S. stocks climbed higher on Tuesday, driven by strong earnings reports and hopes for progress in trade talks. While the Dow led the charge with a 0.75% gain, concerns about a potential global recession and trade tensions weighed on oil and gold prices. As political and economic developments unfold, investors remain cautious but optimistic, keeping an eye on upcoming reports for further direction.
Daily Market Snapshot: April 25, 2025
On April 24, 2025, major stock indexes surged, driven by a 3.5% jump in the S&P 500 technology sector, led by strong earnings from Alphabet. Investors remained focused on ongoing U.S.-China trade negotiations, as President Trump confirmed that talks are underway. Despite mixed earnings reports across other industries, defense and tech sectors saw significant gains. The dollar weakened, while gold and oil prices rose, reflecting investor sentiment amidst the ongoing geopolitical uncertainty.
Daily Market Snapshot: April 24, 2025
On April 24, 2025, U.S. stock markets surged, with technology stocks leading the charge. The S&P 500, Dow Jones, and Nasdaq Composite all posted significant gains, fueled by strong earnings reports from major tech companies like Alphabet and Nvidia. Despite the rally, investors remain cautious, keeping a close eye on ongoing U.S.-China trade talks and geopolitical risks. Economic data showed a strong labor market, with investors awaiting the non-farm payrolls report, which could influence Federal Reserve decisions on interest rates.
Daily Market Snapshot: April 17, 2025
Wall Street ended the session mixed, with optimism around U.S. trade negotiations lifting stocks like Eli Lilly and Apple, while UnitedHealth faced significant losses after lowering its profit forecast. Trade uncertainties continue to weigh on market sentiment, with investors focused on the Federal Reserve’s interest rate outlook and the impact of tariffs.
