Wall Street Rises as Dow and S&P Gain, Nasdaq Slightly Down

» Published: April 28 2025 at 22:07

Wall Street Rises as Dow and S&P Gain, Nasdaq Slightly Down
Photo: Richard Drew/AP/TT

Leading indexes on the New York stock exchange were all minus for most of Monday, but during the last trading hours, the arrows turned upwards.

At closing, the Dow Jones index had risen 0.3 percent and the broad S&P index 0.1 percent, while the technology-heavy Nasdaq composite index had fallen 0.1 percent.

Several technology giants – which weigh heavily in the indexes – will present their interim reports later in the week, including Amazon, Microsoft, Meta, and Apple. Amazon and Microsoft fell 0.7 and 0.2 percent, respectively, while Apple rose 0.4 percent and Meta gained 0.5 percent.

Many companies in various industries have recently written down their profit forecasts or withdrawn them entirely. The reason is the uncertainty in the economy, which in turn is caused by President Donald Trump's trade war.

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By TTTranslated and adapted by Sweden Herald
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