Friday, April 25, 2025

Wall Street ends with weekly gains as trade negotiations, earnings in focus

Wall Street ends with weekly gains as trade negotiations, earnings in focus

By Stephen Culp

Fri April 25, 2025 4:23 PM

The day started in the red on all the indexes but almost immediately began to rise on a fourth day of optimism over cooling trade-war relations with China. The Dow fared less favorably, way in the red almost all day but recovering to near break-even by close. But the Dow coming down while tech goes up is actually good news as it indicates an increasing appetite for risk and moving out of safe assets.  

U of M’s report shows consumer sentiment rising a little but still at its lowest point in nearly two years. Q1 is still riding strong with 73% of 179 companies beating expectations and Q1 earnings now up 9.7%, quite a jump in one day from yesterday’s 8.9% and Monday’s 8.1, but still quite a ways to catch up to January’s 12.2%.  At 14.3 billion, volume is still way below the 19.13 billion average. 

DJ: 40,093.40  +486.83      NAS: 17,166.04  +457.99      S&P: 5,484.77  +108.91       4/24

DJ: 40,113.50  +20.10        NAS: 17,382.94  +216.90      S&P: 5,525.21  +40.44         4/25

Fri 4-25-25 4:23 pm Wall Street ends with weekly gains as trade negotiations, earnings in focus | Reuters


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