The trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA on April 24, 2025.
Brendan McDermid | Reuters
S&P 500 Futures On Thursday evening, Rose on Wall Street heels is looking at the latest quarter results for the alphabet for the third day in a row.
Futures linked to the S&P 500 are 0.3% higher; Nasdaq-100 Futures We won 0.4%. Futures linked to the Dow Jones Industrial Average Hovered around the flatline.
In expansion trading, stocks alphabet The name “Magnificent Seven” jumped about 5% after beats on the first quarter top line and bottom line. in contrast, Intel The stock fell by more than 5% after providing disappointing guidance and revealing it plans to reduce its operating and capital costs.
The move follows three major averages that close tightly on the green during Thursday’s session, and will be a three-day straight win. This was bolstered by advances in the Megacap technology name that has been assaulted over the past month amidst investors’ fears over rising tensions in global trade.
Stocks are in trading scope following the initial shock of President Donald Trump’s “mutual” tariff announcement on April 2, as investors have made clear negotiations with key trading partners such as China. The country said Thursday that there was no ongoing discussion on tariffs, and the Commerce Department spokesman also called for the cancellation of “unilateral measures against China.”
This comes in response to a White House signal earlier this week, which could ease China’s stance on tariffs. On Tuesday, Trump said tariff rates “will fall significantly, but that’s not zero.”
“I think all the markets we really needed were a bit of a spark to get it moving from some of these downward levels, and that’s what we’re seeing,” said Anthony Saglimbene, chief market strategist at Ameriprise. “I think we’re still on a ticking period for stock trading. I think we’re heading towards next week, but I think it’s going to be a huge tech revenue that really impacts where the big averages go.”
The main index is at a pace to finish the week higher. As of the end of Thursday, S&P 500 You earn 4% each year. meanwhile, Dow Jones Industrial Average and Nasdaq Composite The rise is over 2% and over 5%, respectively.
Other key names like Automation, Colgate-Palmolive and Abbvie It is set to report quarterly results before Friday’s bell.
Investors are also looking forward to the April consumer sentiment data. The economist voted by Dow Jones hopes this reading will not show a change of 50.8 from the previous month.
