From Investing.com: 2025-04-29 03:12:00

US equities rebounded on Monday, driven by hopes of US-China trade progress and anticipation of earnings reports from tech giants like Apple and Amazon. The S&P 500 and Nasdaq ended flat, while the Dow gained 0.3% and the Nasdaq rose 0.4%. Gold prices increased by 0.7% despite positive market sentiment.

US Treasury Secretary emphasized that China must take the first step in trade negotiations. Sterling surged by 1% against the dollar, hitting a three-year high, while the yen also strengthened. China’s lack of stimulus measures disappointed investors, impacting Hong Kong’s stock market.

Oil prices fell as WTI dropped 2.1% below the 20-day moving average resistance.



Read more at Investing.com: US Stock Indices Stage a Bullish Reversal While Safe-Haven Gold Remains Firm