From Nasdaq: 2025-04-29 10:29:00

Today’s economic news includes a record low Advance Trade Balance on Goods, sinking to -$162 billion in March. Retail Inventories also dropped unexpectedly to -0.1%, while Wholesale Inventories slightly missed estimates at +0.5%. Q1 earnings reports show PayPal beating earnings but missing revenue, while Pfizer and General Motors both exceed expectations.

In the stock market, Job Openings and Labor Turnover Survey (JOLTS) is expected to decrease to 7.5 million, while Consumer Confidence for April is anticipated to drop to 87.3. After-market earnings reports will include Visa, Starbucks, Seagate Technologies, and Snap, with Microsoft and Meta Platforms reporting on Wednesday. Semiconductor stocks are projected to boom, with global manufacturing expected to reach $803 billion by 2028.



Read more at Nasdaq: Trade Balance in Goods Hits All-Time Record, Plus Q1 Earnings