Stock market rollercoaster due to White House actions, consumer concerns, upcoming pivotal economic data

From CNBC: 2025-04-27 10:43:00

Last week, the stock market was on a rollercoaster due to White House actions. The S & P 500 sank 2% but rallied after Treasury Secretary Scott Bessent predicted a de-escalation in the trade war with China. Nasdaq led gains, up 6.7% for the week. Earnings reports showed consumer concerns about the economy. (45 words)

Earnings from consumer-facing companies last week confirmed consumer worries about the economy. Stock market rallies were influenced by White House actions. Nasdaq led the gains, up 6.7% for the week. Earnings reports showed consumer concerns about the economy. (31 words)

The upcoming week will bring pivotal economic data, including reports on jobs and inflation. This data will influence the Fed’s future rate decisions and provide insight into the U.S. economy during the trade war. Major labor market reports are expected, with a focus on job openings and labor turnover. (41 words)

Read more: These are 3 big things we’re watching in the stock market this week