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FX.co ★ US Market News Digest for April 29

US Market News Digest for April 29

 US Market News Digest for April 29

Optimism builds as trade barriers ease

The S&P 500 and Nasdaq continue to climb, maintaining their upward momentum despite mixed performances across other sectors. Softer rhetoric from the Trump administration and expectations of further tariff relief are boosting investor confidence.

Market participants are eagerly awaiting quarterly reports from major tech companies, as well as macroeconomic statistics on inflation and the labor market. This data could be a new catalyst for market movement. Follow the link for details.

 US Market News Digest for April 29

Tech giants propel S&P 500 higher

See also: Start Forex trading with a European level broker!

Despite global economic uncertainty, the US market is showing resilience. The so-called Magnificent Seven megacap stocks, including Amazon and Microsoft, have stabilized following recent sell-offs, helping to sustain the rally on Wall Street.

The White House's more conciliatory tone on trade and hopes for easing tariff pressures are strengthening the stock market's foundation. This creates room for further upside in the S&P 500. Follow the link for details.

As a reminder, InstaForex offers the best conditions for trading stock indices, equities, and bonds, enabling you to capitalize on shifts in market trends.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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