Stock Market Update

16-Apr-25 11:35 ET
Atlanta Fed revises Q1 GDP estimate
Dow -2.98 at 40365.98, Nasdaq -247.08 at 16576.08, S&P -34.68 at 5361.95

[BRIEFING.COM] The market found some upside momentum over recent trading. 

The three major indices remain in negative territory, but buying increased under the index surface. The Invesco S&P 500 Equal Weight ETF (RSP) trades 0.2% higher and market breadth is positive at the NYSE with advancers leading by 3-to-2 ratio.

Separately, the Atlanta Fed revised its Q1 GDP estimates to -2.2% from -2.4%. The alternative model, which adjusts for imports and exports of gold is -0.1%. 

Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie policy to learn more.