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Apr 28, 08:04 PM
S&P 500 and Dow Rise Ahead of U.S. Q1 GDP, Jobs Data, Mag7 Earnings, and Trump's 100-Day Mark Amid Tariff Concerns
Tariffs
Economics
Stocks
Politics
Business

S&P 500 and Dow Rise Ahead of U.S. Q1 GDP, Jobs Data, Mag7 Earnings, and Trump's 100-Day Mark Amid Tariff Concerns

Authors
  • MarketWatch
  • 华尔街日报中文网
  • Yahoo Finance
12

Wall Street begins the week with modest gains as investors prepare for a busy schedule of corporate earnings and key economic data releases amid ongoing concerns about U.S. tariffs. The S&P 500 and Dow Jones Industrial Average closed higher for a fifth consecutive session on Monday, while the Nasdaq Composite declined slightly by 0.1%. Market participants are closely monitoring U.S. jobs data and first-quarter GDP figures for indications of the tariffs' impact on consumer and business confidence, including potential layoffs. The week also marks the 100-day milestone of President Donald Trump's administration, adding to the focus on trade negotiations and economic policy. European markets face similar scrutiny as investors watch for signs of economic weakness following the tariff announcements. Gold prices advanced as investors sought safe-haven assets amid the uncertainty. Overall, the market is bracing for volatility, hoping for positive developments from the White House on trade issues while digesting a wave of earnings reports from major companies, including the so-called Mag7 tech firms.

Written with ChatGPT (GPT-4).

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