[Chart courtesy of MarketWatch.com] The major indexes remained relatively unchanged in early trading, ahead of this week’s announcements of big tech earnings and economic data, as well as the latest developments in the trade saga. There is still no clarity on any potential agreement with China, although Treasury Secretary Bessent noted progress on other proposals, suggesting that a deal with …
ETF Tracker Newsletter For April 25, 2025
ETF Tracker StatSheet You can view the latest version here. STOCKS AND BONDS SHOW STRONG WEEKLY PERFORMANCE DESPITE CHOPPY SESSION [Chart courtesy of MarketWatch.com] Equities initially slipped but later recovered as traders weighed mixed earnings from major tech companies and the latest developments in the trade war. Google parent Alphabet, part of the Mag7 stock basket, exceeded first-quarter earnings …
China Dismisses Trade Talk Progress, Markets Remain Optimistic
[Chart courtesy of MarketWatch.com] The tech sector led the ongoing rebound, as traders sought signs of progress in the heated tariff situation. Despite China’s overnight announcement that no trade talks were happening with the U.S., they confirmed that all statements about progress on bilateral talks should be dismissed and that the cancellation of unilateral tariffs is forthcoming. Wall Street traders …
Relief Rally: Markets Surge On Trump’s Easing Of Fed And Tariff Concerns
[Chart courtesy of MarketWatch.com] The markets received a significant boost this morning from Trump, who softened his stance on Fed Chair Powell and China tariffs—two topics that had recently caused market turmoil. First, he indicated that he does not plan to remove Powell from his position as Central Bank leader. Second, he expressed a willingness to adopt a less confrontational …
Gold Surges As Stocks, Dollar, And Treasuries Slump
[Chart courtesy of MarketWatch.com] Equities began the week sharply lower due to ongoing uncertainty in global trade talks. Adding to the market’s woes was President Trump’s criticism of Fed Chair Powell, who remains committed to high interest rate policies. Some traders view Trump’s attacks as a threat to the Fed’s independence, while others criticize his delayed responses, such as calling …
Major Indexes Close Week Down; Bitcoin Poised For Potential Surge
[Chart courtesy of MarketWatch.com] An early bounce quickly faded, leading equities to slip into the red on the last trading day of the week. The S&P 500 was the exception, managing to eke out a fractional gain. The Dow suffered the most, primarily due to United Health (UNH) plummeting by 22% at one point after missing earnings expectations. Chipmaker Nvidia …