From Nasdaq: 2025-04-28 08:00:00

Last week, Wall Street experienced a tech rally, with major averages showing positive gains. The S&P 500 rose by 4.6%, the Dow Jones by 2.5%, the Nasdaq by 6.7%, and the Russell 2000 by 4.1% (as of April 25, 2025). However, April has been mixed, with the S&P 500 down 1.5% and the Dow down 4.5% for the month.

Tech giants like Alphabet, Tesla, NVIDIA, and Meta Platforms led the rally on April 25. Tesla’s shares surged by 9.8%, while NVIDIA and Meta Platforms also posted strong advances of 4.3% and 2.7%, respectively. Tesla’s jump was fueled by CEO Elon Musk’s focus on autonomous vehicles and plans for expansion.

Semiconductor stocks saw a significant surge last week after being heavily impacted by previous tariffs. The easing trade tensions and potential trade de-escalation have given this sector a boost. The market remains uncertain, with volatility high due to ongoing U.S.-China trade talks.

Despite the volatility, Citi analysts are optimistic about the market’s trajectory, especially for tech stocks. Positive momentum in trade negotiations and supportive monetary policy could lead to further stabilization and growth in equities. Tech-based exchange-traded funds (ETFs) like TESL, XSD, SOXX, QTEC, IYW, FDN, and PSCT were the top performers last week.

If you want more insights on key ETFs, Zacks Investment Research offers a free Fund Newsletter with top news and analysis. Additionally, you can download their report on the 7 Best Stocks for the Next 30 Days to stay updated on the latest recommendations. Tech stocks like Amazon, Apple, Microsoft, Netflix, NVIDIA, Tesla, and Alphabet are also analyzed in their reports for investors’ reference.



Read more at Nasdaq: Tech Sizzled Last Week: Top-Performing ETFs in the Sector