{"id":411,"date":"2025-04-28T11:46:01","date_gmt":"2025-04-28T11:46:01","guid":{"rendered":"http:\/\/www.soapandseife.com\/?p=411"},"modified":"2025-05-03T23:40:47","modified_gmt":"2025-05-03T23:40:47","slug":"wall-street-takes-a-breath-ahead-of-another-week-full-of-potential-swings","status":"publish","type":"post","link":"http:\/\/www.soapandseife.com\/index.php\/2025\/04\/28\/wall-street-takes-a-breath-ahead-of-another-week-full-of-potential-swings\/","title":{"rendered":"Wall Street takes a breath ahead of another week full of potential swings"},"content":{"rendered":"
By STAN CHOE, AP Business Writer<\/strong><\/p>\n NEW YORK (AP) \u2014 U.S. stocks drifted to a mixed finish on Monday, ahead of potential flashpoints this week that could bring more\u00a0sharp swings<\/a>\u00a0for financial markets.<\/p>\n The S&P 500 inched up by 0.1% to extend\u00a0its winning streak<\/a>\u00a0to a fifth day. The Dow Jones Industrial Average added 114 points, or 0.3%, and the Nasdaq composite slipped 0.1%.<\/p>\n The relative lull in trading offered a respite from the sharp, historic swings that have rocked markets for weeks, as hopes rose and fell that President Donald Trump may back down\u00a0on his trade war<\/a>. Many investors believe Trump\u2019s tariffs could cause a recession if left unaltered. Coming into Monday, the S&P 500 had roughly halved its drop that had taken it\u00a0nearly 20% below its record<\/a>\u00a0set earlier this year.<\/p>\n Mixed trading for some influential tech stocks ahead of their earnings reports this week pulled the S&P 500 back and forth between modest gains and losses for much of Monday.<\/p>\n Amazon fell 0.7%, Microsoft dipped 0.2%, Meta Platforms added 0.4% and Apple rose 0.4%. All are on the schedule to report their latest result this week, and they\u2019re some of Wall Street\u2019s most influential companies because they\u2019ve grown to become some of the biggest in terms of size, by far. That gives their movements extra weight on the S&P 500 and other indexes.<\/p>\n Outside of Big Tech, executives from Caterpillar, Exxon Mobil and McDonald\u2019s may also offer clues this week about how they\u2019re seeing economic conditions play out. Several\u00a0companies across industries have already slashed<\/a>\u00a0their estimates for upcoming profit or pulled their forecasts entirely because of uncertainty about what will happen with Trump\u2019s tariffs.<\/p>\n \u201cWe heard more plans to mitigate tariff impacts than in prior months and than during 2018\u201d from U.S. companies, including pre-ordering, shifting production and increasing prices for their own products, according to Bank of America strategist Savita Subramanian. But she also said in a report that she\u2019s seeing \u201csome indications of a pause: no hiring\/no firing, no new projects\/no cancellations etc.\u201d<\/p>\n