Reported 2 days ago
On April 29, 2025, U.S. stocks concluded the day positively, with the Dow Jones Industrial Average climbing 0.8% to extend its longest winning streak of the year, driven by optimism from President Trump's executive order to support automakers by halting additional tariffs on foreign-made cars. The S&P 500 and Nasdaq Composite also gained approximately 0.6% and 0.5%, respectively. Despite a decline in consumer confidence for the fifth straight month, the market reacted favorably to the tariff relief and a surge in earnings reports.
Source: YAHOO