S&P 500 surges 9.5% as Trump pauses tariffs, driven by strong earnings from Microsoft and Meta

The S&P 500's remarkable 9.5% surge marked one of its best days ever, fueled by strong earnings from Microsoft and Meta, with three out of four U.S. companies surpassing profit expectations.

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Updated 2h ago

The Headline

S&P 500 Gains Momentum Driven by Major Earnings

Microsoft's performance increase

11%

Meta's performance increase

Companies beating analysts' expectations

75%

Key Facts

S&P 500 extended its winning streak to nine straight sessions, a feat not seen for 20 years, fueled by positive earnings from Microsoft and Meta.
U.S. companies delivered strong quarterly earnings, with three out of every four exceeding analysts' profit expectations, boosting market confidence.

Future Outlook

Looking Ahead: Anticipation of Federal Reserve's Interest Rate Decision

Key Facts

The Federal Reserve's next policy meeting begins on Tuesday and concludes on Wednesday, followed by an important interest rate decision.

Background Context

Market Background: Tariff Announcements and Historical Context

S&P 500 surge after tariff pause

9.5%

Percentage below all-time high

Key Facts

On April 9, Trump announced a 90-day PAUSE for most tariffs, resulting in the S&P 500's remarkable 9.5% surge.
The S&P 500 is still more than 7% below its all-time high set earlier this year.

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S&P 500 surges 9.5% as Trump pauses tariffs, driven by strong earnings from Microsoft and Meta

S&P 500 Gains Momentum Driven by Major Earnings

Looking Ahead: Anticipation of Federal Reserve's Interest Rate Decision

Market Background: Tariff Announcements and Historical Context

Source Citations