Market Action For Last Week
For the week ending Friday, April 25, 2025, U.S. equity markets posted strong gains across major indices, driven by a rebound in technology stocks and optimism around corporate earnings.
- SPY (S&P 500 ETF): Closed at $550.64 on April 25, up from $526.26 on April 18 — a gain of +24.38 points (+4.6%).
- QQQ (Nasdaq-100 ETF): Closed at $472.56 on April 25, up from $443.01 on April 18 — a gain of +29.55 points (+6.7%).
- IWM (Russell 2000 ETF): Closed at $194.12 on April 25, up from $186.37 on April 18 — a gain of +7.75 points (+4.2%).
The Nasdaq led the rally, buoyed by gains in major tech stocks, while the S&P 500 and Russell 2000 also posted solid weekly advances. AP News
Upcoming Major Economic Reports and Potential Market Moving Events
Monday, April 28
- No major economic reports scheduled.
Tuesday, April 29
- S&P/Case-Shiller Home Price Index (February)
- Consumer Confidence Index (April)Investor's Business Daily+2WSJ+2earningscall.biz+2
Wednesday, April 30
- Gross Domestic Product (GDP) – Q1 2025 Advance Estimate
- Federal Open Market Committee (FOMC) Interest Rate DecisionTipRanks+6Reuters+6The Sun+6
- Fed Chair Press Conference
Thursday, May 1
- ISM Manufacturing PMI (April)
- Construction Spending (March)Thomson Investment Group
Friday, May 2
- Nonfarm Payrolls (April)
- Unemployment Rate (April)
- Average Hourly Earnings (April)
Investors will closely watch the FOMC meeting for any changes in interest rate policy and the GDP and employment reports for signs of economic strength or weakness. WSJ
Upcoming Major Stock Earnings Reports
Monday, April 28
- No major earnings reports scheduled.earningscall.biz+1earningscall.biz+1
Tuesday, April 29
- Alphabet (GOOGL): Post-market
- Microsoft (MSFT): Post-market
- Visa (V): Post-market
- General Motors (GM): Pre-marketAP News+5TipRanks+5TipRanks+5
Wednesday, April 30
- Meta Platforms (META): Post-marketThomson Investment Group+2earningscall.biz+2earningscall.biz+2
- Boeing (BA): Pre-market
- Qualcomm (QCOM): Post-marketTipRanks+3Thomson Investment Group+3TipRanks+3
Thursday, May 1
- Apple (AAPL): Post-market
- Amazon (AMZN): Post-market
- Caterpillar (CAT): Pre-marketS&P Global Investor Relations+3earningscall.biz+3Strike.Market+3
Friday, May 2
- ExxonMobil (XOM): Pre-market
- Chevron (CVX): Pre-market
This week features a heavy slate of earnings from major technology and industrial companies, which could significantly influence market direction. WSJ+1leahbnimmo.pages.dev+1
30-Day Market Outlook: Neutral to Slightly Bullish
The strong rebound in equities last week, particularly in technology stocks, suggests renewed investor confidence.However, upcoming economic reports, including GDP and employment data, along with the FOMC's interest rate decision, could introduce volatility. The market's direction will likely hinge on these key events and corporate earnings results. Therefore, a neutral to slightly bullish stance is warranted for the next 30 days.