Market Recap (4/27/25)

Written By Jayden Kahn

Market Recap of the Week of Apr 21, 2025 - Apr 25, 2025

Source: Apple Stocks Application

Overall Market Trends:

Stocks rebounded last week as investors moved past the treacherous month. The New York Stock Exchange Composite (NYSE) rose 532 points (+2.90%), the S&P 500 climbed 242 points (+4.57%), the NASDAQ Composite skyrocketed 1,095 points (+6.72%), and the Dow Jones Industrial Average posted weekly gains of 963 points (+2.46%).

Stocks fell on Monday, with all four major indices declining over 2%. President Trump lashed out at the Fed, particularly the Fed chairman Jerome Powell, pressuring them to lower rates, otherwise the economy would slow. He also called Powell “Mr. Too Late, a major loser” in a series of Truth Social posts. Trump’s team has also stated that they are looking into the termination of Powell, although Powell claims he is unable to be fired under the law. The lack of progress on global trade talks also caused investor confidence to take a hit. 

The market rallied during Tuesday’s trading session, counteracting the steep declines seen in the previous session. Treasury Secretary Scott Besent noted that there will be de-escalation in the trade war between the United States and China, easing investors’ concerns. Bessent’s remarks from the meeting infer that the Trump Administration is aware of the damage the trade war is doing to the stock market, and they are making efforts to wrap it up. 

This sentiment regarding the US-China trade war continued into Wednesday’s session, causing stocks to push higher throughout the day, although falling from intraday highs. President Trump stated that the 145% tariff on Chinese imports is substantially high and won’t remain that high. He also announced that he has no plans to remove Fed Chairman Jerome Powell from his position atop the Federal Reserve. Tesla (NASDAQ: TSLA) spiked 5% on Wednesday after Elon Musk noted on the company’s earnings call that he will soon be decreasing his responsibilities at the Department of Government Efficiency (DOGE) and focusing more on Tesla. 

Stocks continued to rise on Thursday, pulled forward by mega-cap companies. Nvidia (NASDAQ: NVDA), Tesla (NASDAQ: TSLA), Netflix (NASDAQ: NFLX), Meta (NASDAQ: META), and Microsoft (NASDAQ: MSFT) all rose, climbing 2.9%, 3.6%, 4.7%, 2.7%, and 3.0%, respectively. Treasury Secretary Scott Besent also said that the United States may come to a trade agreement with South Korea as soon as next week.

The market rose for the fourth straight day on Friday, marking the end of a strong week for stocks. This was largely due to the high sentiment regarding international trade, along with another boost from the magnificent seven stocks. Tesla skyrocketed nearly 10% after the Department of Transportation unveiled new, friendly autonomous-vehicle rules.

Past Earnings Report:

Looking Towards the Future

Upcoming Important Economic Events:

  • Monday: Nothing Scheduled

  • Tuesday: Consumer Confidence; Job openings

  • Wednesday: ADP employment; GDP; Chicago Business Barometer (PMI); Personal Consumption Expenditures Index (PCE); Core PCE

  • Thursday: Initial jobless claims; S&P final U.S. manufacturing PMI

  • Friday: U.S. nonfarm payrolls; U.S. unemployment rate

Future Earnings Reports:

Jayden Kahn
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