last updated: 8/7/2025 8:59:17 AM NY time

US Market Overview - April 8, 2025

Author: James Hyerczyk

Published: April 8, 2025

Market Summary

On April 8, 2025, U.S. stock futures are showing modest gains following a challenging week for major indexes. The S&P 500 futures are up by 0.41%, Nasdaq 100 futures by 0.44%, and Dow futures by 0.35%. This rebound comes after a significant decline last week, where the S&P 500 fell by 2.4%, the Dow by 2.9%, and the Nasdaq by 2.2%【4:0†source】.

Economic Context

The markets are reacting to disappointing jobs data for July and new tariffs imposed by the Trump administration, which range from 10% to 41% and affect several trading partners. This has raised concerns about inflation and recession【4:0†source】【4:1†source】.

Key Economic Indicators

• July jobs report showed a significant miss with only 73,000 jobs added, below the expected 106,000.
• The unemployment rate remains stable at 4.2%【4:1†source】.
• Upcoming economic releases include Factory Orders and the Senior Loan Officer Survey【4:0†source】.

Corporate Earnings

Palantir Technologies is set to report earnings, with expectations of a Q2 EPS of $0.14 on revenue of $936.2 million, reflecting a 38.1% year-over-year increase. Other companies reporting include onsemi, Tyson Foods, IDEXX Labs, and BioNTech【4:0†source】【4:1†source】.

Market Performance

• Dow: +243.00 points (0.56%) to 43,953
• S&P 500: +37.25 points (0.60%) to 6,302
• Nasdaq: +181.50 points (0.79%) to 23,064

Sector Highlights

Technology Sector

Apple's Q3 earnings surpassed estimates, driven by strong iPhone sales. Other tech companies like Cloudflare and Roku also reported positive earnings【4:3†source】.

Energy Sector

Chevron and Exxon Mobil reported strong Q2 earnings, benefiting from increased oil and gas production【4:3†source】.

Conclusion

The market is poised for a volatile day as investors digest the implications of the new tariffs and await critical economic data. Mixed earnings reports from major companies add to the uncertainty, making it a crucial time for market participants【4:3†source】.