From Yahoo Finance: 2025-04-25 06:12:00

Wall Street advanced, posting weekly gains as investors monitored earnings and U.S.-China trade tensions. The S&P 500 and Nasdaq were boosted by AI megacaps, while the Russell 2000 saw its largest weekly gain since November. Beijing exempted some U.S. imports from tariffs, signaling a de-escalation in trade war tensions with the U.S.

First-quarter earnings season is in full swing, with 73% of S&P 500 companies beating expectations. Analysts now expect a 9.7% year-on-year increase in S&P 500 earnings for the January to March period, up from an 8.0% estimate on April 1. Investors are focusing on forward guidance amid economic uncertainties.

The University of Michigan’s April consumer sentiment index was revised upward but remained at its lowest level since July 2022, with high inflation expectations. Stock markets saw gains, with the Dow rising 0.05%, the S&P 500 up 0.74%, and the Nasdaq gaining 1.26%.

Alphabet shares rose 1.7% on strong Google Cloud revenue, while Intel’s weak forecasts led to a 6.7% stock decline. Oilfield services provider SLB dipped 1.2% after missing profit estimates. Charter Communications surged 11.4% on beating revenue estimates and adding more subscribers than expected.

Advancing issues outnumbered decliners on both the NYSE and Nasdaq, with new highs and lows recorded on both exchanges. U.S. exchanges saw 14.30 billion shares traded, below the 19.13 billion average over the last 20 days.



Read more at Yahoo Finance: Wall Street ends with weekly gains as trade negotiations, earnings in focus