2025.4.24 US Stock Overview

1. VIXY fell by 3.38%, closing at 64.84.

2. Expectations for interest rate cuts rise, and all three major US stock indices increase: the S&P 500 index rose by 2.03%. The Dow Jones Industrial Average rose by 1.23%. The Nasdaq rose by 2.74%.

3. Tesla rose by 3.50%, Amazon increased by 3.29%, Meta Platforms rose by 2.48%, Nvidia rose by 3.62%, Google A rose by 2.53%, Apple rose by 1.84%, and Microsoft rose by 3.45%.

4. Google announced its earnings after hours, with first-quarter revenue exceeding expectations, EPS earnings soaring nearly 50%, and receiving additional buyback authorization of $70 billion. After-hours stock price briefly jumped 6%, later the increase settled to nearly 5%.

5. The Nasdaq Golden Dragon China Index rose by 0.68%.

Popular Chinese concept stocks: Pony.ai initially rose by 37%, Fangdd rose by 10.8%, NIO, New Oriental, Xiaomi ADR, Pinduoduo, Bilibili, Baidu, and NetEase rose between 6.2% and 2.1%.