From Nasdaq: 2025-04-17 16:00:00

Stock indexes are mixed with the S&P 500 up +0.87%, Dow Jones down -0.07%, and Nasdaq 100 up +0.44%. UnitedHealth Group’s -21% slump led to pressure on health insurance stocks, while chip stocks slid due to Nvidia’s -4% fall. Initial US-Japan trade talk signals and a drop in US weekly jobless claims boosted stocks. US housing starts fell, but building permits rose. Weekly initial unemployment claims fell to a 2-month low. ECB cut rates by -25 bp; swaps show 94% chance of another cut in June. US-China trade tensions continue with reciprocal tariffs and bans on sales. Energy producers are up, with WTI crude at a 1-1/2 week high. Eli Lilly soared +13%, Fidelity National Information rose +6%, and Huntington Bancshares climbed +3%. Global Payments fell -16% after acquiring Worldpay for $24.3 billion. Snap-on Inc dropped -6% after reporting lower net sales. Alcoa is down -5% due to metal import tariffs. AngloGold Ashanti Plc fell -4% after HSBC downgrade. Earnings reports for various companies also released.



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