Stock market today: Dow, S&P 500, Nasdaq fall to start huge week of Big Tech earnings, economic data

2 months ago 15

Updated Mon, Apr 28, 2025, 11:00 AM 2 min read

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Stocks turned little connected Monday to statesman a large week of heavyweight net reports and macroeconomic information that volition proceed to overgarment an aboriginal representation of the US economy's effect to President Trump's tariffs.

The S&P 500 (^GSPC) fell 0.9%, portion the Dow Jones Industrial Average (^DJI) dropped 0.4%. The tech-heavy Nasdaq Composite (^IXIC) fell implicit 1.3%, led by Big Tech declines, arsenic shares of AI chipmaker Nvidia (NVDA) fell implicit concerns of Chinese competition. Tesla (TSLA) banal besides declined by astir 3%.

DJI - Free Realtime Quote USD

As of 2:21:25 PM EDT. Market Open.

^DJI ^GSPC ^IXIC

Wall Street is coming disconnected a rebounding tally past week, with the S&P 500 notching its longest regular affirmative streak since January. The gains came arsenic Trump eased unit connected Federal Reserve Chair Jerome Powell, and hinted astatine airy astatine the extremity of the passageway for sky-high 145% tariffs connected China. On Monday, Treasury Secretary Scott Bessent said it was "up to China" to deescalate the commercialized battle, though helium suggested its caller moves to exempt definite US goods from duties represented a affirmative step.

Earnings are the item of the week ahead, with 180 S&P 500 companies expected to study quarterly fiscal results. Big Tech leads the way, arsenic Apple (AAPL), Amazon (AMZN), Meta (META), and Microsoft (MSFT) are each owed successful the coming days, alongside Coca-Cola (KO), Eli Lilly (LLY), and Chevron (CVX).

Broader economical quality volition spirit the coming days, arsenic investors oculus Wednesday's merchandise of the Fed's preferred ostentation gauge, the Personal Consumer Expenditures (PCE) index, to spot the interaction of tariffs connected the wide public's "core" expenses. An archetypal speechmaking connected archetypal 4th US GDP is besides owed Wednesday.

The April jobs study is besides successful sight, arsenic the labour marketplace has truthful acold remained resistant to signs of economical slowdown.

LIVE 15 updates

  • Ines Ferré

    Oil tumbles amid concerns of oversupply, tariff uncertainty

    Crude prices tumbled much than 2% connected Monday arsenic economical uncertainty and worries of other proviso from OPEC weighed connected the market.

    West Texas Intermediate (WTI) crude, the US benchmark, hovered adjacent $61 per tube connected Monday. Brent (BZ=F) crude oil, the planetary benchmark, sat beneath $65 a barrel.

    Futures were nether unit arsenic the commercialized warfare betwixt the US and China showed nary further developent of easing. However, Trump medication officials person signaled they are negotiating with antithetic countries connected tariffs.

    Meanwhile US negotiations with lipid shaper Iran implicit its atomic program, and worries of accelerating output hikes by the Organization of the Petroleum Exporting Countries and their allies (OPEC+) has besides enactment unit connected futures.

    "Crude sentiment has turned much bearish since our forecast past period with OPEC+s much assertive unwind – and accompanying doubts astir unity wrong the cartel – the cardinal change. " said BNP Paribas expert Aldo Spanjer wrote successful a enactment connected Monday.

  • Ines Ferré

    Gold inches higher arsenic stocks fall

    Gold (GC=F) prices inched higher connected Monday, reversing a caller pullback. Futures gained much than 1% to hover adjacent $3,350 per ounce.

    The precious metallic touched an all-time precocious conscionable northbound of $3,500 past week earlier tumbling amid easing commercialized tensions and a rallying banal market.

    Despite the pullback successful price, astir analysts are inactive bullish connected the commodity.

    Despite its flimsy decline, "it remains apt that it volition proceed its upward trajectory successful the agelong word if planetary economical factors proceed to exert unit connected the markets," said Rania Gule, elder marketplace expert astatine XS.com.

  • Ines Ferré

    Healthcare stocks: No longer a harmless abstraction for investors?

    Yahoo Finance's Anjalee Khemlani reports:

    Read much here.

  • Stocks deed league lows arsenic Nvidia, Tesla sink

    Stocks deed league lows connected Monday arsenic Nvidia (NVDA) and Tesla (TSLA) fell.

    AI spot elephantine Nvidia dropped arsenic overmuch arsenic 4% pursuing a study that Chinese tech elephantine Huawei is readying a caller precocious AI spot successful the aftermath of President Trump's export prohibition connected Nvidia chips to China.

    Tesla (TSLA) shares turned antagonistic during greeting trading, to diminution much than 3%. The EV shaper gained 18% past week.

    The S&P 500 (^GSPC) fell to a league low, down 0.6% portion the Nasdaq (^IXIC) dropped much than 1%.

  • Ines Ferré

    Retail traders should see much blimpish investments: Wall Street veteran

    Yahoo Finance's Brian Sozzi reports:

    Read much here.

  • Myles Udland

    Texas manufacturing enactment falls to lowest since May 2020 arsenic tariffs hammer the outlook

    Trump's tariffs proceed to crush sentiment crossed the concern and user worlds.

    New information retired Monday greeting from the Dallas Fed showed wide enactment successful its manufacturing survey fell to its lowest level since May 2020, arsenic orders, utilization, shipments, and the outlook for concern each plummeted.

    The Dallas Fed's survey besides comes on with robust commentary from concern leaders gathered by the bank's staff, which shows however the uncertainty related to tariff argumentation is manifesting crossed industries.

    "There is truly nary mode to foretell thing accurately six months retired oregon adjacent six weeks retired present for our manufacture owed to the tariff and commercialized uncertainty," said an enforcement successful the machine and electrical manufacturing industry.

    "Carve-outs for ample electronics businesses (cellphones and laptops) leaves tiny concern burdened to woody with tariffs connected our own, which are apt to origin delays, cancellations and aboriginal merchandise obsolescence connected existing products and orders. We person already had to crook astir and garbage shipments due to the fact that customers cannot spend the tariffs, delaying our quality to build, which volition yet pb to occupation losses."

    In the nutrient manufacturing industry, 1 enforcement said, "Tariffs and tariff uncertainty are wreaking havoc connected our proviso lines and superior spending plans."

    But it's not lone tariffs weighing connected concern outlooks. Another person successful nutrient manufacturing added that, "DOGE without a follow-up program does thing for the home tranquility needed (stable arena for concern to relation within)."

    And a remark from a person successful the machinery manufacturing manufacture said it best, encapsulating astir of the concerns weighing connected businesses and consumers close now.

    "Nothing is easy," this exec said.

    "Forecasting is highly challenging successful this clip of uncertainty. Committing to maturation initiatives is anxiety-riddled. Helping our employees support beans connected their array and a extortion implicit their heads is harder. We judge the absorption the existent medication is starring our state is connected target, but the symptom to get determination whitethorn beryllium longer and much aggravated than primitively anticipated."

  • Ines Ferré

    Nvidia banal falls arsenic China's Huawei reportedly readies AI spot aft Trump's export ban

    Yahoo Finance's Laura Bratton reports:

    NasdaqGS - Nasdaq Real Time Price USD

    As of 2:21:25 PM EDT. Market Open.

    Read much here.

  • Ines Ferré

    Stocks borderline higher arsenic investors absorption connected commercialized negotiations, Big Tech earnings

    Stocks mostly edged higher connected Monday up of much Big Tech net this week, with a absorption connected tariff negotiations betwixt the US and its trading partners.

    The S&P 500 (^GSPC) roseate much than 0.1%, portion the Dow Jones Industrial Average (^DJI) besides gained 0.2%. The Nasdaq (^IXIC) was small changed.

    Wall Street is coming disconnected a affirmative play run, arsenic the S&P 500 gained implicit 4% past week. President Trump eased unit connected Federal Reserve Chair Jerome Powell. Trump medication officials person besides hinted astatine easing commercialized tensions. Investors are hoping for the US to yet onslaught a woody with China, though advancement connected that beforehand is inactive unclear.

    Investors await Big Tech net this week with Apple (AAPL), Amazon (AMZN), Meta (META), and Microsoft (MSFT) each acceptable to study successful the coming days.

  • 'A large boost to confidence': Markets rally connected Trump pivot arsenic commercialized negotiations resistance on

    Stock futures were drifting somewhat little Monday greeting aft they rallied for astir of past week connected President Trump's softened code connected tariffs and easing threats connected Fed independence.

    Yahoo Finance's Allie Canal reports:

    Read much here.

  • Ines Ferré

    Why the tariff alleviation banal rally isn't shaking Wall Street's biggest carnivore Inbox

    Yahoo Finance's Brian Sozzi reports:

    Read much here.

  • Domino's banal falls connected astonishment income decline

    Shares of Domino's Pizza (DPZ) sank implicit 3% successful premarket trading Monday aft the pizza concatenation reported archetypal 4th net and a astonishment diminution successful same-store sales.

    Reuters reports:

    Like Chipotle, which reported net past week, Domino's is facing a user spending pullback arsenic macroeconomic uncertainty and ostentation pb to slowing traffic.

    Domino's hopes its concern with DoorDash (DASH), which is acceptable to beryllium launched successful May, volition supply a boost to sales, particularly successful agrarian and suburban areas.

    Read much here.

  • Jenny McCall

    Good morning. Here's what's happening today.

  • Jenny McCall

    Gold extends driblet arsenic easing commercialized warfare anxiousness cools haven demand

    Bloomberg News reports:

    Gold (GC=F) fell further from past week’s grounds precocious arsenic easing commercialized tensions instill caller hazard appetite into planetary markets.

    Bullion slid arsenic overmuch arsenic 1.6% to interaction $3,268, and has mislaid much than 5% since peaking supra $3,500 connected Wednesday.

    Investors acted connected signs of a thaw successful US commercialized talks, aft President Donald Trump connected Friday suggested different hold to his higher “reciprocal” tariffs was unlikely. In this context, Asian nations whitethorn onslaught interim deals to stave disconnected levies earlier the 90-day grace play ends successful July. The Trump medication has drafted a model to grip negotiations with astir 18 countries.

    Read much here.

  • Toyota Industries banal acceptable to popular aft genitor institution announces imaginable buyout

    Shares of Toyota Industries (TYIDF) are poised for a large determination higher Monday aft genitor institution Toyota Motor Corp. (TM) announced it is considering investing successful a imaginable buyout of the captious car parts supplier.

    Bloomberg reports:

    Read much here.

  • Oil pushes higher arsenic airy shines for commercialized warfare with China

    Oil edged higher precocious Sunday pursuing a turbulent week arsenic easing commercialized warfare concerns buffered the commodity. Political issues successful Iran and Ukraine besides dampened proviso forecasts.

    Bloomberg reports:

    Read much here.


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