Markets React to Positive Trade Talk
The Weekly Update
Week of April 28th, 2025
By Christopher T. Much, CFP®, AIF®
Stocks pushed higher last week, spurred by the White House’s reassuring comments that progress was being made with trade talks.
The Standard & Poor’s 500 Index gained 4.59 percent, while the Nasdaq Composite Index picked up 6.73 percent. The Dow Jones Industrial Average lagged, adding 2.48 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, increased by 2.86 percent.
Markets Rally
Markets opened the week lower as investors continued to fret about China trade tensions. But sentiment quickly shifted.
Stocks rebounded Tuesday following news that the administration intended to de-escalate tensions with China over tariffs. The rally extended through two more consecutive sessions as investors responded favorably to reassuring comments from the administration.
Markets also were encouraged after the president said he had “no intention” of firing the Fed Chair Powell. They also liked hearing Treasury Secretary Scott Bessent’s comments …