Stock Market Update

29-Apr-25 10:05 ET
Mixed open after earnings results
Dow +195.56 at 40423.15, Nasdaq -18.29 at 17347.83, S&P -0.61 at 5528.16

[BRIEFING.COM] The market opened to mixed action. The S&P 500 is fractionally lower while the Dow Jones Industrial Average trades up nearly 200 points. The uneven action follows a big batch of earnings news, which garnered mixed responses from investors.

There's also lingering uncertainty around tariffs in play after reports of reduced cargo shipments out of China, and after various companies pointed to the likelihood of raising prices to mitigate the impact of higher tariff costs.

In economic news, Consumer Confidence dropped to 86.0 in April (Briefing.com consensus 88.3) from 93.9. Also, Job openings totaled 7.192 million in March. 

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