Equities mixed after Wall Street extended rebound - 28.4.2025

Senior Analytical Expert

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Todays’ Market Summary

The Dollar strengthening continues
US stock indexes futures are down currently
Brent is down currently.
Gold prices are lower currently

Top daily news

Equity indexes are trading in opposite directions currently after Wall Street stocks finished higher again on Friday. Nvidia shares rallied 4.3% outperforming market after Google parent Alphabet reported late Thursday first-quarter revenue and profit that exceeded Wall Street estimates and reiterated its plans to spend $75 billion in capital expenditures this year, Tesla shares rallied 9.8% on Friday after US Transportation Department introduced a new framework for autonomous vehicles on Thursday that eases some rules.

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Forex news

Currency Pair	Change
EUR USD	-0.1%
GBP USD	-0.1%
USD JPY	+0.1%
AUD NZD	-0.3%

The Dollar strengthening continues presently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, added 0.25% on Friday.

Both EUR/USD and GBP/USD reversed their advancing on Friday despite the Office for National Statistics report of better than expected UK retail sales. Both euro and Pound are lower against the Dollar currently. USD/JPY reversed its sliding and AUD/USD reversed its climbing on Friday with both the Australian dollar and the yen lower against the Greenback currently.

Stock Market news

Indices	Change
Dow Jones Index	-0.2%
Nikkei Index	-0.4%
Hang Seng Index	-0.5%
Australian Stock Index	-0.9%

US stock indexes futures are down currently after ending up on Friday. The three main stock benchmarks recorded daily gains in the range from 0.1% to 1.3% on the back of positive corporate earnings, with gains of more than 9%.

European markets are mixed today after closing higher on Thursday while Citi noted that earnings per share downgrades that have continued to accelerate and have driven Wall Street bank’s proprietary Earnings Revision Index (ERI) to “recessionary” levels of around -60%” tend to be a contrarian signal to buy stocks. Asian stock indexes futures are mixed today with Australia’s ASX 200 index leading losses.

Commodity Market news

Commodities	Change
Brent Crude Oil	-0.1%
WTI Crude	-0.1%

Brent is down currently. Prices ended over 3% higher on Thursday. US West Texas Intermediate WTI futures rose 0.36% but are lower currently. Brent gained 0.48% to $66.87 a barrel on Thursday. Brent crude futures settled took losses of 1.6% over the week, WTI recorded a weekly decline of 2.6%.