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
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