Stocks rise as Trump changes tone on Powell and China, with positive outlook for market.

From Investing.com: 2025-04-23 09:50:00

Stocks are on the rise as Trump softens his stance on Powell and China, with Tesla also jumping post-earnings. Mega caps like Nvidia and Apple are gaining. Looking ahead, US data may show a sharp decline in business activity. Boeing is opening higher after reporting a narrower loss in Q1, while Tesla is up despite missing earnings forecasts. SAP is gaining after posting better-than-expected EPS. The Nasdaq 100 is recovering, while the USD falls. Oil prices hold onto gains after US sanctions on Iran and a drop in crude stockpiles. Market optimism remains high.



Read more at Investing.com: Stocks Extend Rally as Trump Softens Stance on Powell, China