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Markets News, April 23, 2025: Major Indexes Rise as Trump Displays Softer Stance on Tariffs, Fed; Tesla, Chip Stocks Lead Tech Rally


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Stocks closed solidly higher Wednesday to extend their rally as investor concerns about tariffs and Federal Reserve independence eased following comments from President Donald Trump.

On April 23, 2025, the Dow Jones Industrial Average (DJIA) experienced a slight decline, closing at 38,460.24, down 0.15% from the previous trading day. This modest drop was influenced by mixed corporate earnings reports and ongoing concerns about inflation and potential interest rate adjustments by the Federal Reserve. Notable performers included tech giant Apple, which saw a 1.2% increase following strong quarterly results, and healthcare company Johnson & Johnson, which fell 0.8% amid disappointing earnings. The market's reaction was also shaped by broader economic indicators, including a higher-than-expected consumer price index, which added to investor uncertainty about future economic conditions.

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[ https://www.investopedia.com/dow-jones-today-04232025-11720312 ]

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