From Investing.com: 2025-04-23 09:37:00

Markets experienced a rollercoaster ride as President Trump reassured investors he wouldn’t fire Federal Reserve Chair Jerome Powell, leading Wall Street to rise 2.5%. Tesla shares rose 7% after Elon Musk announced he would focus on the company, despite falling short of forecasts with a 16.3% gross margin. Treasuries gained as concerns over Powell’s job eased, while gold surged past $90,000. Boeing reported a smaller loss for the first quarter, planning to increase production of 737 MAX jets. AT&T shares rose after gaining more new wireless subscribers than expected. Focus shifts to earnings and tariff developments. The Nasdaq 100 is threatening a change of structure, with immediate resistance at 19123 and 19436.



Read more at Investing.com: US Opening Bell: Stocks Rally as Fed Chair Drama Cools and Risk Sentiment Improves