US stocks rise on Trump reassurance of no Powell firing and potential reduction in Chinese tariffs
From Yahoo Finance: 2025-04-24 17:21:00
US stocks rose after President Trump reassured that he won’t fire Federal Reserve Chair Powell, easing fears of interference. Trump hinted at reducing tariffs on Chinese imports, with the Nasdaq up 2.5% and the S&P 500 rising 1.7%. However, gains faded after no de-escalation offer was made in the trade war.
Despite the pullback, Wall Street stayed optimistic due to Trump’s softer tone on tariffs and the Fed. Trump expressed desire for lower interest rates but affirmed Powell’s position. Investors found relief in the diminished conflict fears, impacting a market already affected by tariffs.
Natera, Inc. (NASDAQ:NTRA) is a top aggressive growth stock with a 56.75% year-over-year revenue growth rate and 77 hedge fund holders. Specializing in cell-free DNA and genetic testing, Natera focuses on women’s health, cancer, and organ health. The company’s testing services aid in personalized care decisions, making it a promising investment.
In Q4 2024, Natera reported a 53% year-over-year revenue increase to $476.1 million. Product revenues rose by 53.9%, with a gross margin improvement to 62.9%. Signatera, a key product, saw clinical volumes surge by 60% compared to the previous year, showing strong growth potential. Natera ranks 12th on the list of best aggressive growth stocks.
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Read more: One of the Best Aggressive Growth Stocks to Buy Now