Eric Criscuolo - Market Strategist

April 24, 2025 at 2:40 p.m. EST

The S&P 500 is looking to make it three in a row with another strong showing today. As the great Lou Brown says, "That's called a winning streak". Stocks are trading around their highs of the day with the S&P up ~2%. We're just below 5500 and right where the index closed on the giant 10% gain on the April 9 Tariff Time-Out. The equal-weight and the Russell 2000 are trading roughly inline with the S&P. Sector-wise, Tech is having a big day as the leading sector. The NYSE FANG+ and Semiconductor Indexes are up 5-6%. Consumer Staples is the only sector down as Food, Beverage and Household product constituents are almost all lower.