Market Brief 23 April, 2025

Good evening, investor! The markets are experiencing a surge today, fueled by positive news regarding trade tensions and the Federal Reserve. The S&P 500 Index (GSPC) is up by 1.73% to 5,367.95, while the Nasdaq 100 Index (NDX) has gained 1.97% to 18,673.65. President Trump has softened his stance on tariffs, hinting at potential reductions for Chinese imports, and has also confirmed that he will not fire Federal Reserve Chair Jerome Powell. This shift in sentiment has boosted investor confidence, leading to a significant rally across various asset classes. The news of a $3 billion Bitcoin investment fund backed by Cantor Fitzgerald, Tether, and SoftBank has also contributed to the positive market momentum.