Negative: Market sentiment turns negative due to uncertainty over US-China trade talks, impacting Nasdaq 100.

From Investing.com: 2025-04-24 07:18:00

Market sentiment turns negative once again as US index futures give back gains amid uncertainty over US-China trade talks. Comments from both sides cast doubt on progress, leading to caution among investors and increased volatility. Nasdaq 100 struggling with descending trend line, with resistance at 19,140-19,400 and support at 18,623 and 18,350.

US Treasury Secretary dampens hopes for resolution in US-China trade talks, triggering “Sell America” sentiment. US index futures slip, gold rises, and euro flirts with 1.14 handle. China demands US scrap tariffs before talks resume, highlighting structural imbalances that may take years to resolve.

Alphabet set to release fiscal first-quarter results amid overshadowing trade tensions. IBM disappoints, Unilever beats expectations, Nestlé softens, and BNP Paribas misses estimates. Attention shifts to Alphabet’s forward guidance, advertising landscape changes, and potential impact of tariffs. Street expects earnings of $2.01 per share on revenue of $89.1 billion for Alphabet’s latest quarter.



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