Stocks Pressured by Mixed Trade News and Corporate Earnings Results
From Nasdaq: 2025-04-25 12:44:00
Stock indexes are down today, with the S&P 500, Dow Jones, and Nasdaq all in the red. Mixed signals from China and corporate earnings are putting pressure on the market. Chinese government may suspend tariffs on US imports, but no negotiations are ongoing. Some companies like Intel and T-Mobile are seeing declines, while Alphabet is up after beating expectations.
Goldman Sachs reports foreign investors sold $63 billion of US equities. Markets assign an 8% chance of a rate cut after the FOMC meeting. Focus on Q1 earnings and trade policies this week. European markets are mixed, with Euro Stoxx 50 up and Shanghai Composite down. Interest rates are up slightly, with T-notes seeing support from dovish Fed comments.
Q1 earnings season shows a consensus for S&P 500 earnings growth of +6.7%, lower than earlier expectations. Overseas markets vary, with Japan’s Nikkei up. ECB member sees impact of US tariffs as deflationary. Swaps predict a rate cut by the ECB in June. US stock movers include Intel and T-Mobile down, while Charter Communications and Alphabet are up. VeriSign and Digital Realty Trust also report positive earnings.
Skechers, Eastman Chemical, and Gilead Sciences see declines after weaker forecasts. Charter Communications and Alphabet are among the gainers. VeriSign reports an increase in new domain registrations, while Digital Realty Trust beats earnings expectations. Caesars Entertainment and Charles Schwab also see gains. Earnings reports for 4/25 include AbbVie, Aon PLC, Charter Communications, and more.
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