Tuesday Afternoon Coffee - Markets Update - 22 Apr 2025 - Stocks Rally Over 2% as Investors Weigh Trump’s Fed Criticism; Gold Retreats From Record

Markets Update: U.S. stocks surged Tuesday, snapping back from Monday’s slide as investors assessed a flurry of earnings reports and President Donald Trump’s latest attacks on the Federal Reserve. Meanwhile, gold retreated from fresh record highs, and the dollar regained ground after recent losses.

Global Markets Roundup: 22 Apr 2025

Markets Rebound Sharply After Selloff

All three major U.S. equity indexes jumped more than 2% amid cautious optimism, with industrials and tech leading gains. Shares of 3M soared 8% following stronger-than-expected quarterly earnings, despite warnings of a tariff-related drag on 2025 profits.

Tesla climbed 5.8% ahead of earnings, while Apple advanced 3.6%. The Dow Jones Industrial Average rose 882.96 points (+2.32%) to 39,053.37S&P 500 gained 118.58 points (+2.30%) to 5,279.14Nasdaq Composite added 425.76 points (+2.68%) to 16,296.66

Dollar Rebounds, Despite Lingering Fragility

The U.S. dollar edged higher Tuesday after touching multi-year lows, bolstered by stabilizing markets and rising rate expectations—even as Trump ramped up pressure on Fed Chair Jerome Powell, calling him a "major loser" for not cutting interest rates.

The Dollar Index DXY: +0.49% to 98.83
Euro EURUSD: -0.68% to $1.1435
Yen USDJPY: +0.28% to 141.24
Swiss Franc (USDCHF): +1.01% to 0.817

Still, analysts warned the dollar remains vulnerable as markets weigh the economic fallout of White House tariff policy and political pressure on the Fed.

Gold Slips After Hitting $3,500 Milestone

Gold prices hit a record $3,500.05 earlier in the session before retreating on profit-taking and a modest dollar rebound. Spot prices settled at $3,396.43/oz, down 0.83% on the day.

Oil Rises on Iran Sanctions, Market Optimism

Crude prices rallied as new U.S. sanctions against Iran and broader market strength lifted sentiment. WTI Crude (CL1!): +2.85% to $64.88/barrelBrent Crude (BRN1!): +2.28% to $67.77/barrel.

Treasury Yields Ease Amid Safe-Haven Demand

The 10-year U.S. Treasury yield dipped to 4.391%, down 1.4 basis points, as demand for safe-haven assets remained firm following Trump’s remarks and concerns over central bank independence.

Crypto and Global Markets Join the Rally

Coinbase shares climbed 8.3% as bitcoin gained over 4%, topping $90,000. Globally, MSCI’s All Country World Index rose 1.50%, while Europe’s STOXX 600 added 0.25%.

Soft Commodities Mixed

Cocoa fell 0.4% to $9,080/tonne.
Coffee rose 2.1% to $3.72/lb.
Sugar gained 1.3% to $0.18/lb.

Grains Show Divergence

Soybeans (SN25): +0.71% to $10.49/bushel.
Corn (CN25): -1.07% to $4.84¾/bushel.
Wheat (WN25): -0.09% to $5.51¾/bushel.

Looking forward refer to the economic calendar below to see the upcoming events scheduled for today and the rest of the week.

General news - Information source from multiple newswires.

The article and the data is for general information use only, not advice!

The Trade Academy Team