25.04.202517:01:13UTC+00Alphabet Lifts Nasdaq and S&P 500

US stocks ended a three-day rally with mixed movements on Friday. The S&P 500 experienced a modest rise of 0.3%, and the Nasdaq climbed 0.7%, driven by Alphabet's impressive quarterly results. Meanwhile, the Dow Jones Industrial Average declined by over 50 points. Adding to the market's uncertainty, President Donald Trump remarked that imposing tariffs as high as 50% might be considered a "total victory" in the future, while Beijing countered claims that negotiations were underway. This developed against a backdrop of reduced tension after China exempted certain US goods from heavy tariffs.

In the corporate landscape, Alphabet's shares appreciated by 2% following its surpassing of earnings projections, the declaration of its first-ever dividend, and the announcement of a $70 billion stock buyback initiative. Conversely, Intel saw a 7% decrease due to weak forward guidance, and T-Mobile experienced an 8% drop on reports of lukewarm subscriber growth. Additionally, long-term inflation expectations surged to their highest level since 1991, intensifying pressure on an already volatile market. Notwithstanding these fluctuations, major Wall Street indexes were poised for robust weekly gains, with the S&P 500 and Nasdaq advancing by 3.8% and 5.4%, respectively, while the Dow increased by 2%.