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U.S. stock market in the early session | The three major indexes are mixed, with the Nasdaq slightly down; most China Concept Stocks are strong, with NIO, Bawan Chajiji, and Luckin Coffee rising over 6%.
On the evening of April 28, Peking time, U.S. stocks opened slightly higher on Monday. Over 180 S&P component stocks, including Microsoft, Apple, Amazon, and Meta, will release their Earnings Reports this week. Important data such as non-farm employment and GDP will also be released this week. Investors continue to pay attention to the progress of trade negotiations. China has once again clarified that there are no negotiations or discussions on tariff issues between China and the U.S.
Amidst the shadow of tariffs, the U.S. stock market flickers with a "Buy" signal, while Wall Street remains on high alert.
Usually, when market sentiment towards the USA stock market becomes so gloomy, volatility increases, and analysts significantly lower return expectations, it indicates that risk-tolerant investors will rush into the market. However, Wall Street warns that due to the uncertainty of tariff policies and economic data, the aforementioned strategy is not applicable.
Wall Street Drifts Higher Ahead of a Busy Week for Markets
Dow, S&P 500 Open Higher; Investors Hope for More Tariff Deal Progress -- WSJ
The negative effects of the tariff war are becoming evident, with a sharp decline in demand at USA ports and for Air Transportation.
The escalating trade conflict between China and the USA is beginning to have a broader impact on the American economy, with container port operators and aviation freight companies reporting a significant decrease in goods coming from China.
Express News | U.S. stock market opens, with the Dow up 0.18%, the Nasdaq up 0.05%, and the S&P 500 Index up 0.12%. Boeing rises over 2%, Tesla and Meta rise over 1%; NVIDIA falls over 1%.