Stocks managed to rally again today. There isn’t much to say about the rally, to be honest. Volume levels in the futures are rather lackluster, and given how poor liquidity levels are, it doesn’t take much these days to push the index around.
The S&P 500 enjoyed its sixth-straight up-day in the stock market this Tuesday, with neither economic data nor earnings reports offering numbers having a chilling effect on recent positive sentiment.
Leading cryptocurrencies were muffled on Tuesday, but stocks rallied on indications that the United States was nearing a deal with a key trading partner.
Cathie Wood's Ark Invest shuffled its portfolio on Tuesday, April 29, 2025, selling Meta shares ahead of earnings while buying into AMD, Shopify, and several biotech names.
Set to release their quarterly results after-market hours on Thursday, May 1, Amazon and Apple will highlight a much-anticipated week that features reports from big tech firms.
Gross margin for the quarter fell 220 basis points sequentially due to higher inventory reserves resulting from older generation products and higher costs to enable time-to-market for new products.
On his 100th day in office, President Trump claimed to have "already ended inflation" during a Michigan rally, as Democrats launched a Senate protest criticizing his mixed record on economic, social, and foreign policy promises.
Pfizer Inc. chief executive Albert Bourla says uncertainty related to higher tariffs on pharmaceutical imports under the Trump administration is discouraging the company from investing in the US.
The EUR/USD pair gains ground to near 1.1390 during the early Asian session on Wednesday. The US Dollar (USD) edges lower against the Euro (EUR) due to softer-than-expected US economic data.
Mike Pence praised Trump's early second-term achievements but warned that abandoning conservative principles—especially on Ukraine and tariffs—could threaten both America's future and Trump's legacy.
