{"id":49388,"date":"2025-05-02T03:02:05","date_gmt":"2025-05-02T08:02:05","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/"},"modified":"2025-05-02T03:02:05","modified_gmt":"2025-05-02T08:02:05","slug":"market-rally-continues-as-us-china-tariff-negotiations-show-promise","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/","title":{"rendered":"Market Rally Continues as US-China Tariff Negotiations Show Promise"},"content":{"rendered":"<p>Based on the information gathered, I&#8217;ll now write the article about the stock market for today, May 2, 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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#Major_Indexes_Extend_Winning_Streak_on_Positive_Market_Sentiment\" >Major Indexes Extend Winning Streak on Positive Market Sentiment<\/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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#US-China_Trade_Relations_Show_Signs_of_Improvement\" >US-China Trade Relations Show Signs of Improvement<\/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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#Tech_Sector_Performance_and_Recent_Earnings\" >Tech Sector Performance and Recent Earnings<\/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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#Upcoming_Market_Events_and_Economic_Data\" >Upcoming Market Events and Economic Data<\/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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#Market_Movers_and_Notable_Stock_Performances\" >Market Movers and Notable Stock Performances<\/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-rally-continues-as-us-china-tariff-negotiations-show-promise\/49388\/#Market_Outlook_and_Investor_Sentiment\" >Market Outlook and Investor Sentiment<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Extend_Winning_Streak_on_Positive_Market_Sentiment\"><\/span>Major Indexes Extend Winning Streak on Positive Market Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market is continuing its upward momentum on Friday, May 2, 2025, with major indexes poised to extend their winning streak for the ninth consecutive session. As of this morning, futures tied to the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> are up 0.60% at 5,657.00, while <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average futures have climbed 0.74% to 41,158.00. The tech-heavy Nasdaq Composite futures are also showing gains of 0.35% at 19,939.75.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>This positive market sentiment follows yesterday&#8217;s strong performance where the S&#038;P 500 and Dow Jones both rose for the eighth straight day. The market rally has been fueled by generally strong earnings reports and signs that the Trump administration may be softening its stance on tariffs.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"US-China_Trade_Relations_Show_Signs_of_Improvement\"><\/span>US-China Trade Relations Show Signs of Improvement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A major catalyst for today&#8217;s market optimism comes from overnight announcements by China&#8217;s Commerce Ministry indicating that Beijing is &#8220;evaluating&#8221; the current state of affairs in the trade war with the United States. This declaration represents the first step toward potentially lowering the reciprocal tariffs that have escalated tensions between the world&#8217;s two largest economies.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>The news of potential tariff negotiations has particularly boosted Asian markets and is providing support for U.S. equities as investors hope for a resolution to the trade conflicts that have created significant market volatility in recent months.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Sector_Performance_and_Recent_Earnings\"><\/span>Tech Sector Performance and Recent Earnings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The technology sector continues to be a key driver of market performance. Yesterday, Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>) shares soared nearly 8% after reporting quarterly results that exceeded Wall Street expectations. Meta Platforms (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>) also climbed more than 4% following strong earnings results.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>), a primary beneficiary of the AI boom, rose 2.47% to $111.61 as investors welcomed news that major tech companies plan to continue investing heavily in AI infrastructure. Other notable tech movements include Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>) rising 3.13% to $190.20 and Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>) showing modest gains of 0.39% at $213.32.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>However, both Apple and Amazon reported earnings after yesterday&#8217;s market close with mixed results. Apple beat Wall Street expectations but warned of a $900 million hit from President Trump&#8217;s tariffs and reported disappointing sales in China. Amazon also beat earnings estimates but provided guidance for its operating income in the current quarter that fell short of expectations.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events_and_Economic_Data\"><\/span>Upcoming Market Events and Economic Data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>April Jobs Report<\/b>: The most significant economic event today is the release of the April jobs report. This will be the first jobs data since Trump&#8217;s &#8220;Liberation Day&#8221; tariffs were implemented, and investors will be closely watching for any signs of cooling in the labor market.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p><b>Major Earnings Reports<\/b>: Several major companies are reporting earnings today, including energy giants Exxon Mobil (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=XOM\">XOM<\/a>) and Chevron (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CVX\">CVX<\/a>). Other notable companies releasing quarterly results include Eaton Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ETN\">ETN<\/a>), The Cigna Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CI\">CI<\/a>), Apollo Global Management (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=APO\">APO<\/a>), and Shell (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SHEL\">SHEL<\/a>).<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Movers_and_Notable_Stock_Performances\"><\/span>Market Movers and Notable Stock Performances<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among today&#8217;s <a href=\"https:\/\/stockmarketwatch.com\/movers\/today\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Top Stocks\">top gainers<\/a>, MYR Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MYRG\">MYRG<\/a>) has surged 20.26% to $147.10, while TTM Technologies (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TTMI\">TTMI<\/a>) is up 16.63% at $23.35. ATI Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ATI\">ATI<\/a>) has also shown strong performance with a 14.45% increase to $62.24.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>On the downside, Organon &#038; Co. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=OGN\">OGN<\/a>) has dropped 26.91% to $9.45, and FTAI Aviation (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=FTAI\">FTAI<\/a>) has fallen 18.87% to $86.90. Confluent (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CFLT\">CFLT<\/a>) and Becton, Dickinson and Company (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BDX\">BDX<\/a>) are also among the top losers, down 18.35% and 18.13% respectively.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>) shares are down slightly by 0.58% at $280.52, while Robinhood Markets (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=HOOD\">HOOD<\/a>) has declined 5.07% to $46.62.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_and_Investor_Sentiment\"><\/span>Market Outlook and Investor Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite the recent rally, it&#8217;s worth noting that the major indexes entered May having posted losses in three consecutive months. This was largely due to ongoing uncertainty about tariff policies and their potential impact on the economy and global business operations.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>The yield on the 10-year Treasury note, which affects borrowing costs for various consumer and business loans, has been rising, indicating shifting investor sentiment about economic growth and inflation expectations.<\/p>\n<p><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a>, which had been on a record-breaking run earlier this year and touched $3,500 last week, is now heading for consecutive weekly losses for the first time in 2025. The precious metal is currently trading at $3,268.70, up 1.44% today, as investors rotate back into equities despite recent trade war-induced volatility.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>As the market continues to digest earnings reports and economic data, investors remain cautiously optimistic about the potential for improved US-China trade relations and sustained corporate performance in the face of economic challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on the information gathered, I&#8217;ll now write the article about the stock market for today, May 2, 2025. Major [&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":[1281,4,1500,33,3741,3790,225,3882,298,3957,391,3988,633,4251,804,4252,982,4253,1166,4254],"class_list":["post-49388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-bdx","tag-tsla","tag-myrg","tag-msft","tag-meta","tag-ci","tag-aapl","tag-hood","tag-cvx","tag-apo","tag-amzn","tag-ftai","tag-nvda","tag-shel","tag-xom","tag-ati","tag-ttmi","tag-ogn","tag-etn","tag-cflt"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49388","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=49388"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49388\/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=49388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=49388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=49388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}