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: April 28, 2025
The S&P 500 ended a choppy session nearly unchanged, with megacaps like Nvidia and Amazon dragging the index lower. Investors are closely watching earnings reports from major companies like Apple, Meta, and Amazon, which could provide crucial insights into the impact of trade tariffs on future profits. With geopolitical risks and uncertainties in U.S.-China relations, the market remains volatile as investors await key economic data, including the U.S. payrolls report on Friday.
Daily Market Snapshot: April 16, 2025
U.S. stocks ended sharply lower as Nvidia warned of significant charges from new U.S. export restrictions, and Federal Reserve Chair Powell acknowledged slowing economic growth. The escalating trade war with China continues to weigh heavily on markets, with tariffs raising inflation fears and adding uncertainty to the economic outlook.
Daily Market Snapshot: April 07, 2025
The U.S. stock market closed lower on Monday as rising concerns about an economic slowdown, inflation, and President Trump’s firm stance on tariffs impacted investor sentiment. The Dow and S&P 500 both experienced a wild trading session, while Nvidia showed resilience amidst growing AI demand. Investors are now awaiting key economic data and signs of potential recession risks.
