S&P 500 closes higher for a fourth day in a row, notches 4% gain for the week

The S&P 500 rose 0.74% on Friday (April 25) to close at 5,525.21, extending its weekly gains as investors assessed global trade developments and rotated back into major tech stocks. The Nasdaq Composite outperformed, climbing 1.26% to settle at 17,282.94, buoyed by strength in large-cap tech names. 

The Dow Jones Industrial Average lagged but still edged up 20 points, or 0.05%, to end at 40,113.50. Among the standout performers, Alphabet gained over 1% after reporting better-than-expected revenue and earnings for the first quarter. Tesla jumped nearly 10%, while Nvidia and Meta Platforms advanced 4% and 2%, respectively, contributing to the rally in the “Magnificent Seven” group.