Market Review and Trends
Weekly Market Insights – 28 April
By Wealth Insights  •  April 28, 2025
Get updated on the key happenings last week in 3 minutes. Summary
  • Trade Deal Optimism Fuels Market Rally: Wall Street rallied for three straight days on hopes of progress in US-China trade talks, with tech giants leading the charge.
  • Global Growth Concerns Persist: The IMF slashed its 2025 global growth forecast to 2.8%, citing the ongoing impact of tariffs and trade tensions.
  • Tech Sector Shines Amid Supply Chain Shifts: Apple’s pivot to India and strong semiconductor earnings bolstered the tech sector, while consumer staples lagged.
Markets Rally on Trade Optimism US equities enjoyed a three-day rally this week, buoyed by optimism that the U.S. and China could de-escalate their trade conflict. Tech stocks like Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO) led gains, as comments from President Trump and Treasury Secretary Scott Bessent signaled potential tariff reductions. Trump’s pledge to finalize trade agreements within weeks, coupled with reports of phased tariff rollbacks for China, provided a boost to investor sentiment....
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