Day Traders Diary

4/23/25

The major averages had another strong day on hopes that U.S.-China trade tensions could soon ease, while President Donald Trump also signaled he had no plans to remove Federal Reserve Chair Jerome Powell from his post as central bank leader. The Dow Jones Industrial Average popped 419 points, or 1.07%. The S&P 500 rose 88 points or 1.67% while the Nasdaq Composite rose 407 points or 2.5%. All three indexes posted back-to-back gains, but did close off their highs.