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April 28, 2025 at 1:00 p.m. EST
It was a quiet start to the day on the heels of a very strong week for US markets. Most of the press over the weekend continued to focus on the potential negative impacts of tariffs and hopes of upcoming trade deals. Futures were modestly lower overnight but had turned slightly higher ahead of the open. Last week the S&P 500 ended up 4.6% trading recouping about half of the peak-to-trough losses with mega-cap tech stocks leading to the upside as the NYSE FANG+ index ended the week up 11%.
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