Morning Bid: Whoah, we’re halfway there
From Yahoo Finance: 2025-04-25 06:17:00
Wall Street is poised for another positive day due to Google’s strong earnings, pushing shares up 6%. Trade talks between South Korea and the U.S. are progressing, with discussions on removing new U.S. tariffs. China is considering exempting some U.S. imports from its 125% tariffs. Republicans plan to introduce a $150 billion defense package, including boosting President Trump’s missile defense shield. Bank of Japan will continue to raise interest rates if inflation aligns with the 2% target. The S&P 500 is rebounding, only 10.7% down from its February high, with futures indicating further gains. Google’s advertising revenue increased by 8.5%, easing concerns about AI investments. Today’s events to watch include the University of Michigan sentiment index, corporate earnings reports, trade headlines, and IMF-World Bank meetings.
Read more at Yahoo Finance: Morning Bid: Whoah, we’re halfway there