Key Takeaways
- The S&P 500 added 0.7% on Friday, April 25, 2025, as China reportedly considered suspending tariffs on some U.S. goods, and tech stocks extended their rally.
- Charter Communications shares pushed higher as the company exceeded expectations for mobile phone line additions.
- T-Mobile's postpaid subscriber growth failed to match forecasts, and its shares tumbled.
Major U.S. equity indexes ticked higher in the final trading session of the week following reports that China is evaluating a possible pause of tariff⛄s on some U.S. goods. Meanwhile, President Trump indicated that tariffs on imports from China﷽ will remain in place unless the U.S. receives concessions from its major trading partner.
The S&P 500 advanced 0.7%, extending its winning streak to four consecutive sessions, while another strong trading day for the tech sector helped lift the Nasdaq 1.3%. After fluctuating for most of the day, the Dow ended with a slight gain🍃 of less than 0.1%.
Shares of cable, internet, and telephone services provider Charter Communications (CHTR) surged 11.4%, logging the S&P 500's top daily performance. In its first-quarter earnings report, released Friday morning, Charter reported better-than-expected revenues, although earnings per share (EPS) came in slightly below forecasts. The company also topped 🅺e⛄xpectations for mobile phone line additions and lost f🔜ewer video subscribers than antici𝓰pated, citing benefits from streamlined pricing and packaging of video services.
Tesla (TSLA) shares jumped 9.8% after the Trump administration announced that it would 澳洲幸运5开奖号码历史查询:loosen regulations on autཧonomous vehicles in the U.S., aiming to help domestic firms compete with rivals in China. Friday closed out the 澳洲幸运5开奖号码历史查询:best week for Tesla stock since November. The stock has risen in every session since CEO Elon Musk on Tuesday said he would scale back his government work and dedicate more time to Tesla, overshadowing a 澳洲幸运5开奖号码历史查询:d♑isappointing first-quarter earnings repor✤t.
Internet services provider VeriSign (VRSN) topped first-quarter sales and profit estimates, and its shares powered 8% higher. The company also announced a cash dividend and increased its full-year guidance. An uptick in domain name registrations compared with the previous quarter helped underpin the strong results and upbeat forecast.
First-quarter EPS posted by Erie Indemnity (ERIE) fell well shy of expectati🌠ons, and shares of the insurance firm plunged 11.5%, dropping the most of any S&P 500 stock on Friday. Although reve🍃nue came in slightly ahead of forecasts, higher operational costs weighed on profitability.
Shares of telecommunications giant T-Mobile US (TMUS) tumbled 11.2%. Although quarterly sales and profits exceeded consensus forecasts, T-Mobile reported f🅘ewer-than-expected postpaid wireless subscriber additions, and its postpaid 澳洲幸运5开奖号码历史查询:churn rate ticked higher year-over-year. The company's CEO also♕ suggested that customers will have to pay more for their cell p𝄹hones if tariffs result in higher prices.
Insurance and professional services provider Aon (AON) missed quarterly revenue and EPS estimates, and its shares fell 8%. Increasing expenses, including debt and employee compensation costs, dragged down profits, while Aon's interest income dropped significantly from the previous year.