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Market Moves: Tech Earnings Boost, Economic Contraction, and Job Cuts Impacting Sentiment

In extended trading, Microsoft surged over 7% and Meta Platforms rose nearly 6% after both beat earnings expectations, driven by strong cloud and advertising revenue, respectively. Earlier, markets briefly dipped as data showed the U.S. economy shrank 0.3% in Q1 — its first contraction …

Team Kalkine | 01 May 2025

Investor Caution Grows Ahead of Key Data as Commodities Tumble and Housing Slows

U.S. stock futures edged lower as investors awaited key economic releases, including the March PCE price index and the first estimate of Q1 GDP. Attention is also on upcoming earnings reports from Meta Platforms and Microsoft. In extended trading, Super Micro Computer (SMCI) dropped …

Team Kalkine | 30 April 2025

Markets Await Tech Earnings and Economic Data Amid Trade Uncertainty

U.S. stock futures rose on Tuesday as investors awaited earnings from major tech firms like Meta, Microsoft, Apple, and Amazon. While most S&P 500 companies have beaten earnings expectations, many are lowering future guidance due to tariff concerns. Treasury Secretary Scott Bessent said it's …

Team Kalkine | 29 April 2025

Earnings Reports, Trade Tensions, and Economic Data Shape Investor Sentiment

U.S. stock futures declined as investors prepared for a packed week of first-quarter earnings reports, with over 180 S&P 500 companies, including major tech names like Apple, Amazon, Meta, and Microsoft, set to announce results. Although first-quarter earnings have been generally strong, many companies …

Team Kalkine | 28 April 2025

Wall Street Extends Rally as Tech Leads, Commodities Slip Amid Trade Hopes and Fed Optimism

US stocks rallied for a third straight day Thursday as megacap tech led the charge: S&P 500 +2%, Nasdaq 100 +2.7%, Dow +486 pts. Nvidia (+3.6%), Meta (+2.5%), Amazon (+3.3%), Tesla (+3.5%), Microsoft (+3.4%) all climbed. Investor optimism was buoyed by hopes for a …

Team Kalkine | 25 April 2025

Market Recap: Wall Street Rallies on Tariff Hopes, Futures Dip Ahead of Tech Earnings

U.S. markets rallied on Wednesday, with the Dow up 1.07%, the S&P 500 gaining 1.67%, and the Nasdaq surging 2.5%, boosted by President Trump's remarks suggesting Chinese tariffs may be lowered and reaffirming support for Fed Chair Powell. However, gains were trimmed after Treasury …

Team Kalkine | 24 April 2025

Market Snapshot: Stocks Surge, Oil Climbs, and Mortgage Rates Edge Higher Amid Shifting Sentiment

U.S. stock futures surged, extending gains from the previous session as investor sentiment improved. The rally was driven by President Trump’s assurance that he won’t dismiss Fed Chair Jerome Powell, easing concerns about political interference in monetary policy, and his more conciliatory remarks on …

Team Kalkine | 23 April 2025

U.S. Markets Brief: Stocks Rebound Amid Policy Uncertainty and Earnings Focus

U.S. stock futures edged higher, partially recovering from the previous session’s sharp losses as investors weighed concerns over Federal Reserve independence and unclear economic direction from the Presidential administration. All three major indices were set to open just under 1% higher. The earlier selloff, …

Team Kalkine | 22 April 2025

US Markets Face Tech-Led Sell-Off Amid Tariff Fears and Fed Caution

Index Update -US equities tumbled Wednesday as tech stocks led a broad sell-off, with the Nasdaq plunging 3% and the S&P 500 dropping 2.2%, after Nvidia warned of a $5.5 billion hit from new US export restrictions on AI chips to China. The route …

Team Kalkine | 17 April 2025

Markets Slide Amid Trade Tensions, Nvidia Hit by Export Curbs, Investors Eye Powell’s Speech

S&P 500 down 1.3%, Nasdaq 100 dropping 2.1%, and Dow Jones off by about 280 points, as mounting trade tensions raised concerns over corporate profits. Nvidia shares slid over 6% in premarket after announcing a $5.5 billion revenue hit due to U.S. restrictions on …

Team Kalkine | 16 April 2025
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