Market Brief 29 April, 2025

Good evening, investors and traders! The markets are showing signs of strength today, with the S&P 500 Index (GSPC) up by 0.68% to 5,560.62 and the Nasdaq 100 Index (NDX) up by 0.74% to 19,549.05. Key news today includes the passage of North Carolina's Bitcoin Reserve bill, which could pave the way for other states to follow suit. The US Commerce Secretary has confirmed that tariff relief is coming to the auto sector, which could boost manufacturing and create jobs. The Canadian election has concluded with Mark Carney's Liberal Party securing a minority government, raising questions about the country's future relationship with the US. The US JOLTS Job Openings report showed a decline to 7.192 million in March, indicating a potential slowdown in the labor market.