{"id":49346,"date":"2025-04-24T13:02:00","date_gmt":"2025-04-24T18:02:00","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/"},"modified":"2025-04-24T13:02:00","modified_gmt":"2025-04-24T18:02:00","slug":"market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/","title":{"rendered":"Market Surges for Third Straight Day as Tech Stocks Lead Rally Amid Trade Talk Optimism"},"content":{"rendered":"<p>Based on the information gathered, I&#8217;ll now create a comprehensive market recap article for April 24, 2025.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Major_Indexes_Continue_Upward_Momentum_on_April_24\" >Major Indexes Continue Upward Momentum on April 24<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Tech_Giants_Power_Market_Higher\" >Tech Giants Power Market Higher<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Notable_Stock_Movers\" >Notable Stock Movers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Upcoming_Market_Events\" >Upcoming Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Market_Outlook_and_Economic_Indicators\" >Market Outlook and Economic Indicators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-surges-for-third-straight-day-as-tech-stocks-lead-rally-amid-trade-talk-optimism\/49346\/#Whats_Next_for_Markets\" >What&#8217;s Next for Markets<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Continue_Upward_Momentum_on_April_24\"><\/span>Major Indexes Continue Upward Momentum on April 24<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. stock market extended its winning streak to a third consecutive session on Thursday, April 24, 2025, as investors remained optimistic about potential progress in U.S.-China trade relations despite conflicting signals. The tech-heavy Nasdaq Composite led the charge, climbing 1.7% to close at 16,996.60, while the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> added 1.2% to finish at 5,441.76. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average lagged behind but still managed a gain of 0.55%, rising 217.42 points to 39,823.99.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>The market rally came despite China&#8217;s Ministry of Commerce spokesperson He Yadong stating that there were no trade talks currently taking place with the U.S. and calling for the cancellation of &#8220;unilateral&#8221; tariffs. This contradicted earlier statements from Treasury Secretary Scott Bessent, who had suggested the U.S. has an &#8220;opportunity for a big deal&#8221; on trade.<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Giants_Power_Market_Higher\"><\/span>Tech Giants Power Market Higher<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The &#8220;Magnificent Seven&#8221; tech stocks continued their recovery, adding more than $840 billion to their cumulative market capitalizations since Monday&#8217;s close. Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>) led the group with a 2.6% gain, while Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>), Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>), and Google (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOG\">GOOG<\/a>) each rose nearly 2%. Meta (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>) and Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>) climbed more than 1%, while Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>) posted a modest gain of less than 1%.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>The tech sector has been particularly volatile in recent weeks as investors assess the potential impact of President Trump&#8217;s aggressive trade policies, especially the 145% tariff on Chinese imports. Despite the recent rally, all of the Magnificent Seven stocks remain down year-to-date.<\/p>\n<p><b>&#8220;I don&#8217;t trust the move,&#8221;<\/b> said Ross Mayfield, investment analyst at Baird. &#8220;China overnight was pretty explicit that there were no negotiations ongoing. Perhaps the market is still feeling some confidence that at least the administration is talking about wanting a deal, as opposed to digging in and raising tariffs to insane rates.&#8221;<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Notable_Stock_Movers\"><\/span>Notable Stock Movers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several companies made significant moves following earnings reports:<\/p>\n<p>&#8211; ServiceNow (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NOW\">NOW<\/a>) surged 15% after delivering stronger-than-anticipated first-quarter results. CFO Gina Mastantuono expressed confidence in the company&#8217;s &#8220;ability to navigate these rapidly evolving times.&#8221;<cscitation citation_id=\"task_4__3\"><\/cscitation><\/p>\n<p>&#8211; Hasbro (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=HAS\">HAS<\/a>) jumped 16.15% to lead the S&#038;P 500 gainers.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>&#8211; Texas Instruments (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TXN\">TXN<\/a>) rose 6% after reporting first-quarter earnings of $1.28 per share on revenue of $4.07 billion, handily beating analysts&#8217; expectations.<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<p>&#8211; IBM weighed on the Dow with a 7.24% decline.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>&#8211; Procter &#038; Gamble (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PG\">PG<\/a>) fell 5.17% and PepsiCo (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PEP\">PEP<\/a>) dropped 3.56%, with PepsiCo cutting its annual profit forecast amid trade war turmoil.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events\"><\/span>Upcoming Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are closely watching a packed earnings calendar, with several major companies set to report results in the coming days. Google parent Alphabet (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOGL\">GOOGL<\/a>) is scheduled to announce earnings after the closing bell today, while Microsoft, Meta, Apple, and Amazon will report next week.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>Tomorrow (April 25) will see key earnings reports from:<\/p>\n<p>&#8211; Procter &#038; Gamble (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PG\">PG<\/a>), with analysts expecting earnings per share of $1.54, representing a 1.32% increase compared to the same quarter last year.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>&#8211; Merck (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MRK\">MRK<\/a>), projected to report earnings per share of $2.16, a 4.35% increase year-over-year.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>&#8211; PepsiCo (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PEP\">PEP<\/a>), with consensus estimates of $1.50 per share, a 6.83% decrease from the same period last year.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_and_Economic_Indicators\"><\/span>Market Outlook and Economic Indicators<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite the three-day rally, the broader market remains significantly lower since April 2, when President Trump announced his new tariff policy. Since then, the S&#038;P 500 has declined 4%, the Dow has fallen 5.7%, and the Nasdaq has lost 3.6%.<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<p>Economic data released today included initial jobless claims for the week ending April 19, durable goods orders for March, and existing home sales figures. Investors are analyzing these reports for clues about the economy&#8217;s resilience amid trade tensions and to gauge the Federal Reserve&#8217;s likely policy path.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats_Next_for_Markets\"><\/span>What&#8217;s Next for Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the week draws to a close, market participants remain cautious about the sustainability of the current rally. The conflicting messages regarding U.S.-China trade negotiations continue to create uncertainty, while the ongoing earnings season provides a more concrete assessment of corporate America&#8217;s health.<\/p>\n<p>With major tech earnings on the horizon and continued speculation about potential changes to tariff policies, volatility is likely to persist in the coming weeks. Investors should stay alert to statements from administration officials and monitor corporate guidance for insights into how companies are adapting to the evolving trade landscape.<\/p>\n<p>The market&#8217;s recent resilience suggests investors are hopeful for a resolution to trade tensions, but as one analyst noted, the &#8220;Sell America&#8221; trade may only be on pause rather than permanently reversed.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on the information gathered, I&#8217;ll now create a comprehensive market recap article for April 24, 2025. Major Indexes Continue [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[3741,4,3768,33,3785,80,3800,4092,225,294,295,391,633,1067],"class_list":["post-49346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-meta","tag-tsla","tag-googl","tag-msft","tag-pg","tag-goog","tag-now","tag-has","tag-aapl","tag-pep","tag-txn","tag-amzn","tag-nvda","tag-mrk"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=49346"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=49346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=49346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=49346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}