Tech Rally Boosted Wall Street Last Week: Winning ETFs in Focus

From Nasdaq: 2025-04-28 04:26:00

The S&P 500 rose last week, with major tech stocks leading the rally. The Nasdaq gained 6.7%, Dow Jones added 2.5%, and the Russell 2000 advanced 4.1%. Despite this, the S&P 500 is still down 1.5% for the month. Trade tensions continue to drive market volatility as U.S.-China trade talks remain uncertain.

Big tech stocks like Alphabet, Tesla, NVIDIA, and Meta Platforms saw significant gains on April 25 after reporting strong earnings. Market uncertainty persists due to conflicting statements from President Trump on tariffs and trade negotiations with China. Despite this, some market strategists remain optimistic about the outlook.

The TRUMP meme coin surged last week, with promises of a private gala dinner with Donald Trump for top buyers. The Trump family’s involvement in crypto ventures and Trump’s pledge to be “America’s first crypto president” boosted key cryptocurrencies like Bitcoin. Winning ETFs of the week include those focused on tech, biotech, high beta, and crypto sectors.



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