{"id":21231,"date":"2025-04-28T11:48:23","date_gmt":"2025-04-28T11:48:23","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=21231"},"modified":"2025-04-28T11:48:23","modified_gmt":"2025-04-28T11:48:23","slug":"sp500-edges-lower-as-traders-brace-for-gdp-and-big-tech-earnings","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-latam\/analysis\/sp500-edges-lower-as-traders-brace-for-gdp-and-big-tech-earnings\/","title":{"rendered":"SP500 Edges Lower as Traders Brace for GDP and Big Tech Earnings"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/indices6-1024x559.png\" alt=\"\" class=\"wp-image-16990\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Highlights:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The SP500 closed at 5509.88, down 0.17%, as investor sentiment stayed cautious.<\/li>\n\n\n\n<li>All eyes are on Wednesday\u2019s U.S. Q1 GDP release, with downside risks in focus.<\/li>\n\n\n\n<li>Treasury Secretary Bessent denies any ongoing talks with China despite Trump\u2019s claims.<\/li>\n\n\n\n<li>Microsoft, Meta, Amazon, and Apple are set to report earnings midweek.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>U.S. equities wavered to start the week, with the SP500 retreating slightly to finish at 5509.88. The modest drop came as traders paused after last week\u2019s bounce, reassessing risk in light of mixed signals on trade policy and economic growth.<\/p>\n\n\n\n<p>President Trump\u2019s recent tariff comments\u2014and subsequent walk-backs\u2014have injected fresh volatility. Adding to the uncertainty, Treasury Secretary Scott Bessent clarified there are no formal negotiations with China at this time, contradicting earlier White House remarks.<\/p>\n\n\n\n<p>Meanwhile, political tensions remain elevated. Trump has continued criticising the Federal Reserve before reversing tone again, leaving markets unsure of what comes next.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">World stocks hang onto hope as trade talk confusion lingers <a href=\"https:\/\/t.co\/uJFHGNqinN\">https:\/\/t.co\/uJFHGNqinN<\/a> <a href=\"https:\/\/t.co\/uJFHGNqinN\">https:\/\/t.co\/uJFHGNqinN<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1916790801473937576?ref_src=twsrc%5Etfw\">April 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\ud83d\udcc9 <strong>Focus Turns to GDP Figures<\/strong><\/p>\n\n\n\n<p>The spotlight now shifts to Wednesday\u2019s <strong>first-quarter U.S. GDP report<\/strong>, with economists projecting a sharp slowdown. Expectations sit at just 0.4% growth, compared to 2.4% in the previous quarter. However, the Atlanta Fed\u2019s <strong>GDPNow model<\/strong> still flags a risk of contraction\u2014raising fears of a possible technical recession.<\/p>\n\n\n\n<p>This adds to the uncertainty hanging over markets. Investors are growing wary, not just of growth risks but also of how U.S. trade strategy may shift if economic figures continue to disappoint.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\ud83d\udcbb <strong>Tech Giants in the Spotlight<\/strong><\/h2>\n\n\n\n<p>Adding another layer of importance to this week, over <strong>40% of SP500 companies<\/strong> will release earnings. Among them are several tech heavyweights\u2014<strong>Microsoft, Meta, Apple, and Amazon<\/strong>\u2014whose forward guidance could heavily influence broader sentiment.<\/p>\n\n\n\n<p>Strong results may help stabilise the market, but any disappointment could worsen the risk-off tone, especially with macro fears still lingering.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\ud83d\udcca <strong>SP500 Technical Picture: Holding Steady in a Tight Range<\/strong><\/h2>\n\n\n\n<p>Technically, the SP500 remains in consolidation mode. After rebounding from the 5493.75 support level, the index is trading near 5509.88. Moving averages (5, 10, 30) have flattened, signalling a neutral stance as the market digests recent volatility.<\/p>\n\n\n\n<p>\ud83d\uddbc\ufe0f <em>Chart: SP500 consolidates near recent highs, with buyers cautiously defending key support \u2013 via VT Markets app<\/em><\/p>\n\n\n\n<p>The MACD shows a slow recovery from earlier bearish pressure, but momentum remains indecisive near the zero line. If bulls push through the 5537.45 resistance level, we could see an extension towards 5560. Conversely, failure to hold the 5490 level could invite deeper selling pressure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/image-33-1024x438.jpg\" alt=\"\" class=\"wp-image-21232\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: SP500 consolidates near recent highs, with buyers cautiously defending key support, see on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udd2e <strong>What to Watch Next<\/strong><\/h3>\n\n\n\n<p>The overall tone remains cautious. Uncertainty around U.S. growth, unresolved trade dynamics, and political noise continue to weigh on sentiment. Until there\u2019s clearer direction\u2014whether from strong GDP data or confident earnings outlooks\u2014the SP500 may stay stuck in a narrow and volatile trading range.<\/p>\n\n\n\n<p>Investors are unlikely to chase risk aggressively until they get more clarity on the economy\u2019s path and Washington\u2019s policy stance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83d\udcc8 Start Trading SP500 with VT Markets<\/h3>\n\n\n\n<p>Trade SP500 CFDs with <strong>real-time quotes, technical tools, and tight spreads<\/strong>\u2014all in one platform. Whether you&#8217;re watching key support levels or playing the earnings season bounce, <strong>VT Markets helps you stay in control<\/strong>.<\/p>\n\n\n\n<p>\u2705 Zero delay pricing<br>\u2705 Customisable charts and alerts<br>\u2705 Fast execution for active traders<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/latam.vtmarkets.com\/en\/trade-now\/\" title=\"VT Markets Latam Trade now\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SP500 struggles to find momentum as global recession risks loom. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":16990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[44],"tags":[49],"class_list":["post-21231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/21231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/comments?post=21231"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/21231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media\/16990"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media?parent=21231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/categories?post=21231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/tags?post=21231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}