From Nasdaq: 2025-05-01 15:36:00

In April, U.S. stocks took a hit after President Trump’s tariff announcements on April 2, but have since been recovering. The S&P 500 experienced its worst two-day performance since March 2020 in response to the news. Despite this, earnings growth remains strong, with over 76% of companies reporting EPS above estimates for Q1’25. The GDP contracted in Q1, largely due to frontloaded imports ahead of expected tariffs. Looking ahead to May, investors are closely watching for further developments on tariffs, as prolonged negotiations could impact business and consumer sentiment.

Sources:
1. Nasdaq
2. FactSet
3. Various news reports



Read more at Nasdaq: April 2025 Review and Outlook