The sale of the big technology companies coincided shares to Wall Street On Monday (28.4.2025) at the beginning of a busy week for corporate profits and key financial data, with investors awaiting more clarity on the impact of US President Donald Trump’s trade war.
The S&P 500 fell today amid the fall of the shares of the big technological names that report profits this week. Wall Street also awaits any progress in the trade deals. The market index fell 0.7%, while Nasdaq Composite fell 1.1%. Industrial Dow Jones moved 95 points lower, or 0.2%. The S&P 500 was locked up by the retreat of the shares of the “Magnificent Seven” companies who are going to report reports in the coming days.
Amazon fell more than 1% and Microsoft lost about 1%. Meanwhile, Meta Platforms and Apple slipped by 0.3% each. Nvidia and Tesla also led the index to fall, with artificial intelligence chip felling more than 3% and the electric vehicle manufacturing company sliding over 2%.
From jobs to inflation, the rate of financial reports will be as intense. The bonds showed a slight change and the dollar receded.
With an April nervous approaching to the end, many market professionals see few reasons believe that volatility is in the mirror. In order for the shares to expand the recent rally, investors should see the White House to follow the “mild turn” to trade with China, according to Chris Larkin at the E*Trade from Morgan Stanley.