Stock Market Live UpdatesMajor Indexes Extend Winning Streak as Market Stabilizes
The stock market continues its recovery on Monday, April 28, 2025, building on last week’s strong performance. The S&P 500 opened slightly higher, following Friday’s close at 5,525.21, which marked a 0.74% gain and the fourth consecutive positive session. The Nasdaq Composite, which finished Friday at 17,282.94 with a 1.26% increase, also edged higher in early trading. Meanwhile, the Dow Jones Industrial Average, which closed at 40,113.50 on Friday with a modest 0.05% gain, is trading relatively flat.
Despite recent volatility triggered by President Trump’s tariff announcements earlier this month, major indexes have shown resilience. Last week, the S&P 500 gained an impressive 4.6%, while the Nasdaq climbed 6.7%, and the Dow advanced 2.5%. However, month-to-date performance remains mixed, with the Nasdaq slightly positive, the S&P 500 down 1.5%, and the Dow lagging with a 4.5% decline in April.
Upcoming Market Events: Busy Earnings Week and Economic Data
This week brings a packed calendar of market-moving events, with several tech giants and major corporations scheduled to report earnings. Today’s notable reports include Roper Technologies (ROP), Domino’s Pizza (DPZ), Waste Management (WM), and Cadence Design Systems (CDNS).
The earnings schedule intensifies as the week progresses, with Tuesday featuring reports from General Motors (GM), Visa (V), Coca-Cola (KO), Pfizer (PFE), and Starbucks (SBUX). Wednesday will see results from Microsoft (MSFT), Meta Platforms (META), and Qualcomm (QCOM), while Thursday brings highly anticipated reports from Apple (AAPL) and Amazon (AMZN). ExxonMobil (XOM) and Chevron (CVX) will round out the week on Friday.
Beyond earnings, investors will closely monitor several key economic reports. These include the advanced trade balance, S&P Case-Shiller home price index, and consumer confidence data on Tuesday. The week culminates with the April jobs report and the Federal Reserve’s preferred inflation gauge, as President Trump continues to call for interest rate cuts.
Major Stock News and Market Movers
Tesla (TSLA) remains in focus after surging 9.8% on Friday, contributing significantly to the tech sector’s strong performance. Other “Magnificent Seven” stocks also showed strength, with Nvidia (NVDA) gaining 4.3%, Meta Platforms (META) up 2.7%, and Alphabet (GOOGL) rising 1.5% following its strong quarterly results.
Market sentiment continues to be influenced by trade policy developments. Recent comments from President Trump published in Time magazine indicated he would consider it a “total victory” if the U.S. maintains high tariffs of 20% to 50% on foreign countries a year from now. However, he also suggested announcements on trade deals could be coming “over the next three to four weeks,” creating a mixed outlook that has contributed to market volatility.
Analyst Perspectives and Market Outlook
According to Anthony Saglimbene of Ameriprise, satisfactory earnings results from the “Magnificent Seven” could drive markets higher in the coming days. “If we get some pretty decent earnings reports over the next couple days and over the next week, that might be an actual catalyst to kind of keep some of the momentum in major averages moving a little bit higher,” noted Saglimbene.
However, some analysts remain cautious. Wolfe Research’s Rob Ginsberg points out that while the market’s three-day win streak triggered a buy signal in the five-day moving average of the advance/decline line, historical patterns suggest muted returns over the next month. Ginsberg recommends a balanced approach, “not too bearish into weakness and not too bullish into strength,” given ongoing uncertainty.
As we begin this critical week for markets, investors will be watching closely to see if strong corporate earnings can overcome concerns about trade tensions and inflation, potentially extending the recent market recovery.