From Nasdaq: 2025-04-30 12:29:00

Stock indexes are down today, with the S&P 500, Dow Jones, and Nasdaq all in the red. Negative corporate and economic news are weighing on tech stocks and cruise line companies. The US economy contracted in Q1, and weak manufacturing in China adds to global growth concerns. Earnings reports from big tech companies are awaited.

US GDP fell in Q1, and the core PCE price index rose more than expected. The ADP employment change was weaker than expected. Market focus is on tariffs and trade negotiations. European government bond yields are lower, and the Eurozone GDP beat expectations. Swaps predict a rate cut by the ECB in June.

Stocks like Tesla, Nvidia, and Amazon are down, while Super Micro Computer and Norwegian Cruise Line Holdings are leading losers in the S&P 500. Garmin, Starbucks, and Werner Enterprises are also in the red. Seagate Technology, Qorvo, and Trane Technologies are up, with strong earnings reports. Earnings season is in full swing.

Various companies are experiencing fluctuations in stock prices due to earnings reports, economic data, and market sentiment. Concerns about global growth, trade negotiations, and interest rates are contributing to market volatility. Stay informed with updates on stock movements, earnings reports, and economic indicators to make informed investment decisions.



Read more at Nasdaq: Stocks Tumble on Earnings and US Stagflation Risks