Treasury Secretary Scott Bessent Says It's Up To China To 'De-Escalate' Trade Tensions, India To Be The 'First Trade Deal' To Be Signed
Tesla, Domino's, Nvidia, Merck, Spirit AeroSystems, Meta: Biggest Stock Movers
U.S. Futures Rise, European Stocks Mostly Up
European and US Futures Waver as Earnings Jitters, Tariff Fears Shape Market Mood
Trader’s Edge (29 Apr 2025) Dow buoyant for straight 5-days; Investors braced for a pivotal week filled with major earnings reports
A JPMorgan survey indicates that the S&P 500 Index has peaked this year, but investors remain bullish on the Magnificent 7.
① A JPMorgan survey shows that 93% of investors believe the S&P 500 Index will hover around 6000 points or lower in the next 12 months, with 40% expecting it to remain within the 5000-5500 points Range; ② Respondents unanimously believe that trade wars and tariff uncertainties will trigger economic consequences, with 61% expecting the USA economy to face stagflation in the next 12 months.
Market Update | Most Autos stocks rose, NIO increased by over 5%, Li Auto grew by 2%, and Trump plans measures to mitigate the impact of car tariffs.
According to market news, President Trump of the USA will announce measures on Tuesday (April 29) to mitigate the impact of auto tariffs.
The sell-off is not over yet! USA Assets are still being "disdained" by overseas investors…
① According to data provided by Deutsche Bank, despite the market recovering over the past week, foreign investors' willingness to invest in USA assets continues to decline; ② Deutsche Bank's Forex research director George Saravelos believes that the recent data on USA capital flows is concerning.
U.S. Treasury Secretary: Currently negotiating with 15-18 trade partners, the first agreement may be reached this week or next week.
① The US Secretary of the Treasury, Scott Bentsen, stated that the USA is negotiating customized agreements with 15 to 18 "important trade partners," with India possibly being the first to reach an agreement; ② Bentsen revealed that President Trump will be closely involved in the achievement of each customized trade agreement and also mentioned that negotiations with Japan and South Korea are progressing smoothly.
JPMorgan traders are becoming bullish on U.S. stocks, but believe that the upward trend will fade in a few weeks.
Andrew Tyler, the Global Markets Intelligence Head at JPMorgan, believes that with the easing of trade tensions, there is still room for the US stock market to rise and predicts that the upcoming Earnings Reports from tech giants this week are likely to drive the stock market higher. However, he warns that this rebound momentum may weaken in the coming weeks, and the negative impact of US tariffs will begin to drag down the economy in the coming months.
Wave of U.S. Data This Week May Give Tariff-weary Investors More to Worry About
US Stocks Rise in Final Hour of Wall Street Trading
S&P 500 Global Sectors ranking: Telecommunication Services and Insurance ETC are rising.
Closing price Change from previous day S&P 500 5528.75 +0.06%■Top gainers by category Telecommunication Services 163.04 +1.49% Insurance 828.79 +0.98% A-REIT ETF 253.99 +0.76% Utilities Industry 400.12 +0.70% Energy 636.39 +0.62%■Top losers by category Semiconductors and related manufacturing equipment 4810.41 -1.16% Retail 4579.1
S&P 500 Futures Inch Lower After Broad Index Notches Fifth Straight Winning Day
U.S. stocks closed mixed: the three major Indexes showed different trends as investors focused on Technology stock Earnings Reports.
① Most China Concept Stocks rose, with the Nasdaq China Golden Dragon Index up 0.68%; ② IBM announced a 150 billion dollar investment plan; ③ Sony Group is reportedly considering splitting its Semiconductors business; ④ NXP Semiconductors Q1 revenue was 2.84 billion dollars, higher than market expectations.
Investors Look for More Tariff Deal Progress, S&P 500 Rises -- WSJ
Nvidia Stock Falls 2% as China's Huawei Tests Rival AI Chip
U.S. Stocks Steady Ahead of Earnings, Economic Data -- Market Talk
Big buyers are returning to the US stock market, and Goldman Sachs expects that about 65% of companies will enter the buyback open window by the end of this week.
After experiencing a month of buyback silence in the U.S. stock market, according to Goldman Sachs, U.S. companies have re-entered the buyback open window period, which will last until June 13.
Investors Look for More Tariff Deal Progress, S&P 500 Retreats -- WSJ