Stock Market Bounces Back
Last week, the stock market did really well. The S&P 500 went up by 4.5%, the Dow Jones increased by 2.5%, and the Nasdaq jumped up by 6.6%. This happened after President Trump made some announcements that made investors less worried about problems with China and the Federal Reserve.
What to Look for This Week
This week is going to be busy with lots of important news. We'll hear about how the economy is doing and what big companies are earning.
- On Wednesday, we'll learn about the U.S. economy's growth in the first part of the year. Experts think it grew very slowly, at just 0.1%.
- Also on Wednesday, we'll get updates on inflation, which measures how prices are changing.
- The big news on Friday is the April jobs report, which tells us how many jobs were added last month. It's expected to show that 133,000 jobs were added.
Big Tech's Big Week
Some of the biggest tech companies will share how much money they made recently. We'll hear from:
- Apple and Amazon on Friday.
- Microsoft and Meta (that's Facebook's company) earlier in the week.
These updates are especially important because of changes in trade policies and new competition in tech, especially with artificial intelligence.
What Investors Are Saying
Even though the stock market went up a lot last week, some experts, like Michael Kantrowitz from Piper Sandler, say we're not completely out of trouble yet. He mentioned that it takes time for markets to stabilize after big problems.
Mark Newton from Fundstrat noted that just knowing the government might change its plans has helped the market feel better.
Looking at the Big Picture
While we saw some recovery in the stock market, the overall picture shows that stocks have gone down a lot this year. We might need something really big to happen to get things moving upwards again.
Jobs and Economy Updates
Despite worries about the economy slowing down, job numbers have been pretty stable. But, this could change depending on how things go with trade and other policies. The jobs report this Friday will be a big clue about what might happen next.
Daily Focus
Each day this week, different companies will share their earnings. Here's a quick look:
- Monday: Companies like Domino's Pizza and MGM Resorts.
- Tuesday: Coca-Cola, PayPal, and many others.
- Wednesday: Big names like Microsoft and Meta.
- Thursday: Apple and Amazon are the highlights.
- Friday: Watch for updates from Chevron and Exxon.
Also, we'll get lots of important economic data throughout the week, which will help us understand more about where the economy is heading.
Overall, it's a big week for anyone interested in the economy and the stock market. Keep an eye out for these updates to see how they might affect your investments and the economy in general!