#MarketRebound The market is experiencing a rebound, with stocks recovering from recent losses. Here are some key updates ¹ ²:

- *Market Performance*: The Nasdaq Composite led the gains with a 2.1% increase, followed closely by the S&P 500 and Dow Jones Industrial Average, both climbing 1.9%. Today, the S&P 500 and Nasdaq are showing mixed movements, with the S&P 500 down 3.45% and Nasdaq down 3.71% as of the latest data.

- *Sector Movement*: All 11 sectors of the S&P 500 were in the green during the rebound, with Consumer Discretionary and Utilities seeing the largest gains. Industrials were the weakest performer but still posted gains.

- *Trade Deal Progress*: The market is reacting positively to news of potential progress on trade deals with countries like Japan, India, and China. However, some analysts are cautious, noting that final trade deals and their details matter more than headlines.

- *Economic Concerns*: The April Flash Manufacturing PMI is expected to fall to 49.4 from 50.2 in March, while the Flash Service figure is expected to retreat to 52.8 in April from 54.4. This could reignite concerns over stagflation and keep the Fed on the sidelines.

- *Earnings Reports*: Tesla's earnings report is being closely watched, with the market consensus calling for EPS of $0.35 on revenue of $21.85 billion. Investors are also interested in the company's comments on rare earth stockpiles and the impact of China's retaliatory tariffs.

Some notable stock movements include ¹:

- *3M*: Surged 7.5% after reporting stronger-than-expected Q1 results

- *GE Aerospace*: Saw gains following a double-digit increase in revenue

- *Tesla (TSLA)*: Earnings report is expected soon, with investors watching closely for insights into the company's performance and future prospects.