The inched higher Monday as Wall Street braced for a packed week of earnings and economic data. Investors are also awaiting any progress on trade deal negotiations.

The broad market index gained 0.06% to close at 5,528.75, posting its fifth straight winning day. The ticked 0.1% lower and ended at 17,366.13. The rose 114.09 points, or 0.28%, to settle at 40,227.59.

Four of the "Magnificent Seven" companies — , , and — briefly came under pressure during Monday's session ahead of their quarterly reports. Apple and Meta Platforms ended the session modestly higher, each up about 0.4%. Microsoft slipped 0.2% while Amazon was off 0.7%.

Earnings results have been somewhat strong for the prior quarter, with 73% of companies reporting beating analysts' estimates so far — slightly below the 5-year average of 77%, according to FactSet data. Still, for the second quarter and the full year as companies come out with uncertain guidance because of President Donald Trump's tariffs.

On Monday, Treasury Secretary Scott Bessent offered little clarity on the direction of reaching a possible trade agreement with China, but said that the . On the positive side, however, Bessent said that they were making progress on other trade proposals, suggesting a deal with India would be "one of the first" to come.

"I believe that it's up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable," Bessent said on C온라인카지노사이트's "Squawk Box."

His comments come after Trump said last week that , refuting Beijing's claims of no trade talks between the two countries.

"Recent days have brought indications of some easing in U.S.-China trade tensions, with both sides chipping away at the unsustainable tariff rates implemented earlier this month and the U.S. signaling some intent to deescalate," wrote Barclays economist Jonathan Millar in a recent note. "This is mostly talk, for now, and we remain skeptical that there will be enough concrete momentum in trade discussions to sidestep a U.S. recession."

This week will mark the end of April, which has seen stocks whipsaw across a wide trading range after Trump unveiled his sweeping tariff plans and then later walked some of the stiffer duties back.

So far in April, the is down by more than 1%, sitting roughly 10% below its 52-week high reached in late February. The is on track to lose more than 4% month to date, while the is up around 0.4%. The S&P 500 on April 7 and has made a recovery since, but the index has failed to break through key resistance levels.

The week also will see multiple reports on the labor market as well as key data on inflation and economic growth. Topping the list will be Friday's nonfarm payrolls release, while first-quarter gross domestic product and the Fed's preferred inflation gauge will be out Wednesday.

S&P 500, Dow close higher

The S&P 500 and Dow Jones Industrial Average finished in positive territory on Monday.

The broad market S&P 500 rose 0.06% to finish at 5,528.75, and the blue-chip Dow gained 114.09 points, or 0.28%, to close at 40,227.59. Meanwhile, the tech-heavy Nasdaq Composite fell 0.1%, settling at 17,366.13.

— Sean Conlon

'Patchwork' quilt of trade deals cause for risk off bearishness, not optimism, Morgan Stanley says

Before any trade agreements are reached with India and Japan, "large U.S. companies will likely try to cut idiosyncratic deals with the White House, perpetuating the policy patchwork," holding back investor sentiment and pressuring stock and bond prices, according to a report by Morgan Stanley Wealth Management chief investment officer Lisa Shalett.

Treasury Secretary Scott Bessent's recent remarks regarding the likelihood of trade deals and continued independence at the Federal Reserve notwithstanding, "tariff deal" announcements won't energize markets without a "comprehensive rollback," the strategist wrote. "[W]e are unconvinced that relief will immediately follow" reports of breakthroughs, and bilateral agreements with India and Japan "are still months away, with key summits scheduled for June and October, respectively," Morgan Stanley wrote Monday.

Just as worrying is the credit market, where "the 10- year U.S. Treasury term premium recently surged to a decade-plus high. Curve steepening amid rising odds of a slowdown indicates investor concerns on two critical fronts: stagflation potential and debt sustainability following the ballyhooed tax bill."

The investment bank thinks the U.S. debt ceiling will need to rise by $5 trillion to $10 trillion, the Republican tax cut legislation will increase U.S. debt outstanding by $1 trillion to $4 trillion over the next decade and annual servicing costs on the national debt might double from the most recent $1.1 trillion.

— Scott Schnipper

Expect a 'variety of deals or sector carve-outs to materialize' during the 90-day tariff pause, UBS says

A slew of trade deals should come to fruition between now and President Donald Trump's tariff reprieve deadline in July, according to UBS.

"Trump's most extreme rhetoric is unlikely to be the landing zone for the ultimate tariff rates," wrote Ulrike Hoffmann-Burchardi, head chief investment officer for global equities, in a Monday note. "With many countries expressing a desire to negotiate with the U.S. on tariff policy, and the White House eager to demonstrate 'success' given Trump's low approval rating, we expect a variety of deals or sector carve-outs to materialize within the 90-day pause period."

"While the latest stock rebound is unlikely to continue in a straight line, we maintain our expectation that the S&P 500 should end the year higher at 5,800," Hoffmann-Burchardi also wrote. That target implies about 5% upside from Friday's close.

— Sean Conlon

Mag 7 earnings could be 'dictating' market's tone this week: Deutsche Bank

Megacap technology earnings this week will be pivotal for the market, according to Deutsche Bank.

and are both set to report earnings on Wednesday. and are slated to release results on Thursday.

"It's fair to say that these Mag-7 earnings will go a long way to dictating the tone of the week," Jim Reid, the bank's global head of macro and thematic research, wrote to clients.

— Alex Harring

Apollo tariff-to-recession timeline shows potential for empty shelves in U.S. next month

Apollo Global Management published a timeline of the potential economic impact of the Trump tariffs announced earlier in April. The projections showed the potential for certain shelves in U.S. stores to be empty in late May, followed by a .

"The consequence will be empty shelves in US stores in a few weeks and Covid-like shortages for consumers and for firms using Chinese products as intermediate goods," Apollo chief economist Torsten Slok wrote in a note to clients Friday.

— Jesse Pound

3 stocks hit new 52-week highs

Three stocks in the hit fresh 52-week highs during Monday's trading session, with all of them notching new all-time highs.

Here are the names that reached that milestone:

• trading at all-time high levels back to its IPO in May 2002.
• trading at all-time high levels since its IPO in April 1997.
• trading at all-time high levels back to its IPO in January 1998.

— Sean Conlon, Christopher Hayes

Magnificent 7 stocks slide

Megacap tech names struggled in Monday's session.

Every member of the Magnificent Seven traded lower. C온라인카지노사이트's of the index slid nearly 2% in midday trading.

led the stocks into the red with a drop of 3.5%. was the next biggest loser, falling around 3%.

Despite Monday's declines, all seven stocks are still up from where they traded one week ago.

— Alex Harring

Stocks making the biggest midday moves: Plug Power, Nvidia and more

These are the stocks moving the most in midday trading:

•  — The hydrogen fuel cell developer jumped 24% after signing a deal to issue up $525 million in secured debentures.
•  — The chipmaker shed more than 3% after  that Huawei Technologies will be soon testing its newest AI processor, which the company hopes could be a competitor to some of Nvidia's products.
•  — Shares advanced 5% on the back of  from hold.

Read the full list of stocks moving .

— Lisa Kailai Han

Nvidia snapping a 4-day rally that drove it up 14.5%

— the AI darling of the 2023-2024 bull market — briefly fell as much as 4.2% in early trading Monday, snapping a four-day rally from last Tuesday through Friday that drove up the Jensen Huang-led stock by 14.5%.

Nvidia's recent 3.5% decline made it the largest percentage loser in the S&P 500 Monday, trailed by and , both down 3%.

— Scott Schnipper

Last week's stock rally 'screams' bear market, Wolfe Research says

Last week's stock rebound is more likely a sign of a bear market than of a turnaround, meaning investors should brace for more volatility, according to Wolfe Research.

"Although indices have not officially fallen 20% below all-time highs, the past week's price action screams 'bear market to us' with lower highs and lower lows likely for stocks," Chris Senyek, chief investment strategist at the firm, wrote Monday.

"The S&P 500 is now only down only -2.5% from its Liberation Day close while the effective tariff rate is significantly higher, even despite the 90-day reciprocal pause!" he added. "With the market hypersensitive to economic releases and news flow, especially as details around trade deals are revealed, we'd expect to see further violent upside rips as investors anchor and extrapolate from the latest data point."

The S&P 500 ended higher by 4.6% last week. On Monday, it was last slightly down in midday trading.

— Sarah Min

Trump’s first 100 days are the worst for the stock market since Nixon

President Donald Trump's first 100 days in office are the for the start of a president's four-year term since the 1970s.

The S&P 500′s 7.9% drop from when Trump was sworn into office on Jan. 20 through the April 25 close, is the second worst first 100-day performance going back to the beginning of President Richard Nixon's second term, according to CFRA Research. Nixon saw the S&P 500 tumble 9.9% in 1973, after a series of economic measures he took to combat inflation resulted in the 1973 to 1975 recession. Nixon would later resign in 1974 because of the Watergate scandal.

On average, the S&P 500 rises 2.1% in the first 100 days for any president, in data of post-election years going from 1944 through 2020, CFRA showed.

— Sarah Min

S&P 500 could fall more than 10% from here amid tariff uncertainty, U.S. Bank Asset Management says

The might see a double-digit percentage decline ahead as investors await clarity on President Donald Trump's tariffs, according to Thomas Hainlin of U.S. Bank Asset Management.

The firm's senior investment strategist told C온라인카지노사이트 that the broad market index could move to 4,800 and up to 5,600 on the high side until there's some resolution on tariff negotiations. That forecast implies 13.1% downside and just 1.4% upside, respectively, from Friday's close.

"The question is, does that extend long enough that you actually start to see damage to the consumer and to corporate America? We haven't seen it yet," Hainlin told C온라인카지노사이트. "I think we're still in this base case."

— Sean Conlon

Hard data has been resilient so far but could take a hit as tariff uncertainty drags on, JPMorgan says

So far in 2025, soft data has taken a bigger hit than hard data, according to JPMorgan.

Soft economic data refers to surveys and sentiment indicators like consumer confidence. On the other hand, hard economic data refers to more measurable metrics such as labor market reports alongside GDP and production readings.

"Hard dataflow has been resilient so far this year, while soft dataflow has been pointing to weakness," JPMorgan wrote in a Monday note. "The optimistic spin by many is that as the policy stance is turning more constructive, this will lead to a bounce in soft dataflow, and in the meantime hard data could hold out anyway, partly helped by the frontloading of activity ahead of the tariffs."

But the longer this tariff-induced market volatility lasts, the harder the hit to hard data from here, the bank added.

"If the current tariffs uncertainty drags on, we believe that future output component will likely remain under pressure, and could drive hard data weakness, as well," JPMorgan said.

— Lisa Kailai Han

Stocks open in the green

Stocks traded up on Monday morning.

The S&P 500 rose about 0.2% shortly after the opening bell, while the Nasdaq Composite gained 0.1%. The Dow Jones Industrial Average also climbed 178 points, or 0.4%.

— Sean Conlon

Boeing, Domino's Pizza among stocks moving in premarket trading

Check out the companies making headlines before the bell.

•  — Shares of the airplane manufacturer added nearly 2% on the back of a Bernstein  to outperform from market perform. The firm said Boeing "should be on a much firmer path than in 2023" as it recovers from the 2024 Alaska Airlines controversy and two Boeing 737 Max plane crashes prior to that.
•  — The insurance stock gained more than 1% following an upgrade to buy from neutral at Bank of America. Shares of Progressive had fallen 8% since a downgrade by the same shop earlier this month. The pullback, along with strong March results, makes the stock attractive, Bank of America said.
•  — Shares declined by almost 3% after the pizza company reported mixed results for its first quarter. Domino's earned $4.33 per share on revenue of $1.11 billion, while analysts polled by LSEG expected earnings of $4.07 per share on revenue of $1.13 billion.

For the full list, read .

— Pia Singh

Bernstein upgrades shares of Boeing, cites improved growth outlook

 could be headed for more growth ahead following increased scrutiny, according to Bernstein.

Shares of the aerospace company rose 1.6% in premarket trading Monday after analyst Douglas Harned upgraded the stock to outperform from market perform. He also upped his price target to $218 per share from $181 in a Sunday note, implying about 23% upside from Friday's $177.95 close.

"Boeing is now making the progress it needed for the growth trajectory we expected before the Alaska door plug accident in January 2024," the analyst said.

C온라인카지노사이트 Pro subscribers can read more .

— Brian Evans

Domino's shares fall after earnings

Shares of fell about 2% in the premarket on Monday after the pizza chain posted mixed quarterly results.

Domino's first-quarter revenue missed Wall Street expectations, posting $1.11 billion compared to the $1.13 billion that analysts surveyed by LSEG were anticipating for the period. U.S. same-store sales also versus the year-ago period.

Earnings, however, came in better than expected, with the company earning $4.33 per share. That's above the consensus estimate of $4.07 per share.

— Sean Conlon

Asia-Pacific markets mixed as investors assess China's promises to support industries

Asia-Pacific markets traded mixed Monday as investors assessed China's promises to support domestic businesses as well as developments in trade negotiations between the U.S. and countries in the region.

Mainland China's  index fell 0.14% to end the day at 3,781.61, while Hong Kong's closed flat at 21,973.24.

India's benchmark  rose 1.23% while the broader BSE Sensex gained 1.31% as at 1.38 p.m. Indian Standard Time.

Over in Japan, the benchmark  added 0.38% to end the day at 35,839.99 while the broader Topix index advanced 0.86% to 2,650.61.

In South Korea, the  index edged up 0.1% to close at 2,548.86 while the small-cap Kosdaq fell 1.41% to 719.41.

Australia's  ended the day 0.36% higher at 7,997.10.

— Amala Balakrishner

S&P 500, Dow Jones Industrial Average on track to end month lower

The has traded higher after bottoming earlier this month, but is on track to end April in the red alongside the .

The broad-market index is down 1.54% this month, while the 30-stock Dow has lost 4.5%. The is up 0.48%.

— Pia Singh

Stock futures open lower to start the week

Futures tied to the shed 74 points, or nearly 0.2%, shortly 6 p.m. ET. shed 0.2%, while lost 0.3%.

— Pia Singh