From Nasdaq: 2025-04-29 06:45:00

The S&P 500 rose last week, with major tech stocks driving gains amidst a shifting global trade environment. The S&P 500 gained 4.6%, the Dow Jones added 2.5%, the Nasdaq jumped 6.7%, and the Russell 2000 advanced 4.1% (as of April 25, 2025).

Despite the recent rally, April has been mixed overall. The Nasdaq is slightly positive, but the S&P 500 is down 1.5% month-to-date, and the Dow has dropped 4.5%. Tech giants like Alphabet, Tesla, NVIDIA, and Meta Platforms led the market rally on April 25.

Market volatility persists as traders react to global trade policy developments. Uncertainty surrounds U.S.-China trade talks, with conflicting reports and statements from President Trump adding to confusion. Despite this, some strategists believe the worst of the tariff-driven market swings may be over.

The TRUMP meme coin surged last week, boosting key cryptocurrencies like Bitcoin. The Trump family is deepening its involvement in crypto ventures, hinting at eased regulations under a potential Trump presidency. This news led to a rally in the crypto market.

Several leveraged ETFs saw significant gains last week, including the Direxion Daily Semiconductor Bull 3X Shares, ProShares UltraPro QQQ, Direxion Daily S&P 500 Bull 3X Shares, and Direxion Daily Small Cap Bull 3x Shares. These ETFs capitalized on the market momentum driven by tech and small-cap stocks.



Read more at Nasdaq: Inside Best-Performing Leveraged ETFs of Last Week