Dow Jones finishes slightly ahead as huge earnings week kicks off
From Yahoo Finance: 2025-04-28 16:42:00
- U.S. stocks had a mixed day with the Dow up 0.3%, S&P 500 up 0.1%, and Nasdaq down 0.1% as investors tracked earnings from various sectors.
- Treasury Secretary Bessent remained optimistic on tariff negotiations, particularly with Asian nations, amid a 90-day pause.
- U.S. farmers face a "full-blown crisis" with mass cancellations of exports to China causing financial losses and layoffs.
- S&P 500 companies expressed more pessimism than optimism in first-quarter earnings calls, hitting the lowest ratio since 2008.
- Huawei plans to test a powerful new AI chip to compete with high-end Nvidia products despite U.S. sanctions.
- Domino’s Pizza missed revenue expectations but beat earnings forecasts, citing progress in a challenging economic environment.
- Waste Management and NXP Semiconductors are set to report earnings, with analysts watching for margins and chip demand insights.
- Visa is expected to show strong revenue growth fueled by payment volumes, while investors scrutinize the outlook amid potential new tariffs.
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