Markets “In a Nutshell” for April 28, 2025
Investment Week at a Glance
Stocks finished higher for the week. The Dow Jones Industrial Average rose 2.5%, the S&P 500 was up 4.6%, and the NASDAQ rose 6.7%. Foreign stocks (MSCI EAFE) were also up, rising 2.6%. Bond prices were up for the week, with the 10-year U.S. Treasury ending the week at 4.26%. (Data source: Wall Street Journal)
Markets Get Relief Rally
Markets moved higher this past week as the administration has softened its stance on tariffs and seems to be working toward a deal with China. Treasury Secretary Bessent has also said there have been many productive negotiations and that trade deals are expected to be announced soon. The market could see another rally if trade deals are announced officially as many believe that once deals start to happen, they will continue to be made with other countries. President Trump also came out and said he has “no intention of firing” Fed Chair Powell. The market took this news well as there had been some previous concern regarding the outlook for Fed Chair Powell.
Market Performance
Despite the volatility markets have had this year, the S&P 500 is only 10% from its all-time high and down less than 6% for the year. International markets have continued to outperform U.S. markets by more than 15% for the year. Technology continues to get hit hard as it is down over 10% for the year and the Magnificent 7 is down over 15% for the year. Earnings season is underway, and investors will be paying close attention to earnings but also the calls to see how tariffs might affect certain companies and what their outlook is.
Tesla Stock Surges Despite Disappointing Earnings
Tesla stock has moved nearly 25% higher in the past 5 days despite disappointing earnings performance. The stock has moved higher on optimism that entry into India is near, and that the U.S. has said it will ease rules around self-driving technology. Elon Musk also indicated he’d be putting more time into Tesla and spending less time on DOGE. Investors will continue to pay close attention to one of the more popular stocks as Elon has become a polarizing figure. (CNBC)
Quiz:
What is the return for the Dow Jones the past 12 months? (Scroll Down for Answer)
Answer below.
Have a Great Week!
Answer:
4. 4%. The Dow Jones remains positive the past 12 months despite the recent volatility. It is always good to take a step back and look at long-term performance during times of market volatility.
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