Wall Street Rebounds, JPMorgan Jumps On Strong Q1 Earnings: What's Driving Markets Friday?

Quick Summary:

Wall Street regained momentum, reversing early-session losses and pushing major indexes into positive territory by midday trading in New York, as investors welcomed upbeat bank earnings and cooler-than-expected inflation data, while largely shrugging off trade war concerns after China raised tariffs on U.S.goods to 125%.

Meanwhile, inflation expectations surged: short-term projections hit their highest since 1990, and long-term views reached levels last seen in 1981, underscoring growing concerns over persistent price pressures.

Producer prices cooled to 2.7% year-over-year in March, well below the 3.3% consensus, while the monthly figure declined by 0.4% — the steepest drop since 2023.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesChina

Topics: SPY XLV GDX US80004C1018 Regulations Broad U.S. Equity ETFs JPM IWM Tech WBD Equities US6098391054 US46625H1005 Bonds MPWR US73935A1043 US3119001044 Gold US4464131063 Economics Stories That Matter US78462F1030 US81369Y2090 US61945C1036 US8825081040 US81369Y4070 Macro Economic Events NEM US81369Y1001 US78467X1090 FAST Commodities Benzinga US4642876555 Top Stories ETFs QQQ SNDK CRL Econ #s Midday update US1598641074 Large Cap HII Treasuries XLY Government DIA US57060U1007 MOS US6516391066 NCLH TXN XLB Pro Project

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 17:06:32 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27793544

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