A busy week ahead will challenge the U.S. stocks rebound as investors eye corporate earnings, led by Apple, the world’s most valuable company, and other tech companies, while global trade developments could spark more volatility. The U.S. jobs report, first-quarter GDP data, and an inflation update further heighten the week’s market-moving potential.
With the S&P 500 on pace for a solid week of gains, the U.S. benchmark index has pared its recent slide by about half but remains down some 10% from its February record high.
Sentiment for equities has been lifted this week by signals of easing in the Trump administration’s trade stance, including possible de-escalation with China. But the situation remains fluid and fresh developments on tariffs could undermine the market gains…
About 180 S&P 500 companies representing over 40% of the index’s market value are set to post quarterly results in the coming week, according to UBS. Chief among them are Apple, Microsoft, Amazon, and Meta Platforms, four of the “Magnificent Seven” megacap tech and growth companies whose shares have faltered in 2025 after putting up massive gains the prior two years.
Data in the coming week includes gross domestic product for the first quarter, and the March reading of the personal consumption expenditures price index, a key inflation reading.
The monthly U.S. jobs report, due on May 2, could provide the biggest test for markets. The labor market has demonstrated stability in recent months, and employment is expected to have climbed by 135,000 jobs in April, according to a Reuters poll.
MacDailyNews Note: Apple will also provide its annual update to its cash dividend for investors alongside any additional updates to its buyback program when it releases Q225 results on Thursday, May 1st at 1:30 p.m. PDT / 4:30 p.m. EDT. As usual, we’ll have those results for you on our homepage as soon as they’re available and then cover Apple’s conference call with live notes on May 1st at 2:00 p.m. PDT / 5:00 p.m. EDT.
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