3 clues about what's next for the S&P 500 after weeks of tariff-fueled selling
"The message from price action can be much more transparent than what you may read about in the financial press or see on television," LPL said.
"The message from price action can be much more transparent than what you may read about in the financial press or see on television," LPL said.
US stock futures jumped after President Trump said he has 'no intention' of firing Federal Reserve Chair Jerome Powell, easing fears on Wall Street that the central bank's independence was under threat.
Tesla reported first quarter earnings after the bell on Tuesday.
President Donald Trump might be planning to make Jerome Powell his scapegoat, but blaming the Fed chair could backfire badly, analysts and economists said.
WASHINGTON (Reuters) -President Donald Trump on Tuesday appeared to take threats to fire Federal Reserve Chair Jerome Powell off the table after days of intensifying criticisms of the central bank chief over not cutting interest rates. "I have no intention of firing him," Trump told reporters in the Oval Office on Tuesday. "I would like to see him be a little more active in terms of his idea to lower interest rates," he added.
The S&P 500 advanced 2.5% on Tuesday, April 22, as investors monitored the latest trade negotiations and corporate earnings news.
Making sense of the forces driving global markets Jamie is away today so I'll provide a round-up of today's main market moves below. I'd love to hear from you, so please reach out to me with comments at [email protected]. If you have more time to read today, here are a few articles I recommend to help you make sense of what happened in markets.
Packaging Corporation of America (NYSE:PKG) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 8.2% year on year to $2.14 billion. Its GAAP profit of $2.26 per share was 2% above analysts’ consensus estimates.
Medical technology company Intuitive Surgical (NASDAQ:ISRG) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 19.2% year on year to $2.25 billion. Its non-GAAP profit of $1.81 per share was 4.4% above analysts’ consensus estimates.
(Reuters) -U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines. U.S. stocks jumped further in extended trade after President Donald Trump said he has no plans to fire Federal Reserve Chair Jerome Powell, stepping back from his recent rhetoric against the central bank chief. In a sign that traders expect Wall Street to rally on Wednesday, S&P 500 futures jumped almost 2% following Trump's comments, while and Amazon.com and Nvidia were last up 3% each and Apple climbed 2% in after-hours trading.