Nasdaq Jumps 2% on Trade Deal Hope
Stocks are up on trade hope, but earnings tell a different story.
The S&P 500 index (SNPINDEX: ^GSPC) was up 1.3% mid-day Thursday on Wall Street as investors continue to speculate that trade tensions around the world will ease in coming weeks before the economy is heavily impacted. To balance that, earnings reports from Comcast (NASDAQ: CMCSA), Chipotle (NYSE: CMG), and Pepsi (NASDAQ: PEP) showed a weakening consumer. Travis Hoium covers it all in this video.
*Stock prices used were end-of-day prices of April 24, 2025. The video was published on April 24, 2025.