Market Pulse

Market Pulse

May 5, 2025

Market views heading into the week highlight what we're watching and important news ahead.

A look back

  • Stocks had another strong week with the S&P 500 up 2.9%; the index has now erased its entire post-Liberation Day decline, closing Friday nearly 18% off the April low. International stocks gained 3.2% to extend their year-to-date lead on the US.
  • Yields ended the week higher on the back of a robust payrolls report. The 10-year yield rose nearly 0.1% on Friday to end around 4.30%.
  • Though markets were disappointed by a negative Q1 GDP print driven by a jump in imports, the April jobs report was stronger than expected as the economy added 177,000 jobs and the unemployment rate remained at 4.2%.

A look ahead

  • The Federal Reserve meets this week and is widely expected to keep interest rates unchanged; investors will focus on Chair Powell’s post-meeting press conference for signals on when rate cuts may resume.
  • Earnings season continues with 95 companies in the S&P 500 set to report first quarter results this week. Several auto and consumer-related companies will give key updates on tariff impacts and the state of the economy.
  • Economic releases: ISM Services, FOMC Meeting, Trade balance, Wholesale Inventories.

Our full report is reserved for clients only. Let’s work together.

A caring advisor can help you uncover opportunities and take on challenges—and provide greater confidence, clarity, simplicity, and direction.

The latest research & insights

    {0}
    {6}
    {7}
    {8}
    {9}
    {12}
    {10}
    {11}

    {3}

    {1}
    {2}
    {7}
    {8}
    {9}
    {10}
    {11}
    {14}
    {12}
    {13}