From Nasdaq: 2025-04-24 16:26:00

A megacap tech rally boosted Wall Street, with the Dow and Nasdaq gaining over 450 points each despite China’s trade talk comments. The S&P 500 also rose, buoyed by Amazon and Nvidia’s AI data center demand. Treasury Secretary hinted at a trade deal with South Korea, as the VIX fell below 30.

In other news, Russian strikes on Kyiv killed 12, with Trump urging Putin to stop. German Finance Minister favors a zero-for-zero tariff deal with the U.S. PG and MRK struggle despite strong earnings. Airline stocks rise despite economic uncertainty. Comcast stock declines due to broadband subscriber losses.

Oil prices edge higher on potential OPEC+ output hike and Russia-Ukraine war updates. WTI crude settles at $62.43 per barrel. Gold prices also rise as the dollar weakens, closing at $3,348.60 an ounce. Market outlook remains uncertain amidst global trade tensions and geopolitical conflicts.



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