tradingkey.logo

LIVE MARKETS-Wall Street starts the week with some lackluster chop

ReutersApr 28, 2025 2:25 PM
  • Dow, S&P 500 gain, Nasdaq red
  • Industrials lead S&P 500 sector gainers; Tech weakest group
  • Euro STOXX 600 index up ~0.7%
  • Dollar, gold dip; crude off >1%; bitcoin up slightly
  • U.S. 10-Year Treasury yield edges down to ~4.25%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

WALL STREET STARTS THE WEEK WITH SOME LACKLUSTER CHOP

Among the three main U.S. indexes, the 30-stock Dow Jones Industrial Average .DJI is outperforming early on Monday, but at that still only up slightly while the S&P 500 .SPX, after starting out with a small gain, has turned slightly red and is last barely higher with its 11 industry sectors performing unevenly.

The Nasdaq composite .IXIC, after some brief attempts at an advance, is trading lower with the heavyweight tech sector .SPLRCT under pressure.

Investors may be trying to pace themselves at the start of a busy week which will end with April's non-farm payrolls report on Friday and, in the meantime, includes earnings from four of the so-called magnificent 7 companies.

And with the first 100 days of the Trump administration drawing to a close on Wednesday, traders will also reflect on the recent dramatic volatility in financial markets due to a large degree to uncertainty around the U.S. President's trade policies, which involved steep tariffs on trading partners.

The latest update came from U.S. Treasury Secretary Scott Bessent, who told Fox News Channel on Monday that Trump will be "intimately involved" in bespoke trade deals with each of 18 important trading partners and that it will be important to reach agreements in principle soon.

Here is your morning chart from 10:17 ET/ 1417 GMT:

(Sinéad Carew)

FOR MONDAY'S EARLIER LIVE MARKETS POSTS:

BULLS BASK IN BREADTH THRUST - CLICK HERE

JPM WILL BUY RISK IN H2, UNDER CERTAIN CIRCUMSTANCES - CLICK HERE

CITIGROUP UPGRADES EUROPEAN AUTOS ON TARIFF MITIGATION HOPES - CLICK HERE

RANGE BOUND TRADING LIKELY TO CONTINUE, SAYS MS - CLICK HERE

STOXX GAINS AS M&A SWEETENS UNCERTAIN TRADE BACKDROP - CLICK HERE

EUROPE BEFORE THE BELL: FUTURES UP AS DEALS AND EARNINGS SWEETEN THE MOOD - CLICK HERE

MARKETS LONG FOR MORE SIGNAL, LESS NOISE ON TRADE - CLICK HERE

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI