Wall Street’s three-day rally showed signs of losing momentum as U.S. stocks traded mixed at the end of a tumultuous week. The S&P 500 edged up 0.2%, despite a majority of its component stocks declining. However, the Dow Jones Industrial Average slipped marginally while the Nasdaq composite saw a 0.3% increase. Intel’s cautious outlook on industry uncertainty led to a 7.6% drop in its stock, impacting market sentiment. Similarly, Eastman Chemical’s profit forecast shortfall due to macroeconomic uncertainty and tariffs added to market unease. Companies like Skechers U.S.A. are retracting financial forecasts due to global trade policy uncertainties, despite strong recent performances.

Amidst this backdrop, Alphabet’s robust financial performance, with a 50% profit surge in the first quarter, provided a positive boost to Wall Street. This news, coupled with modest gains in European markets and mixed movements in Asia, influenced trading sentiment globally. In the bond market, easing Treasury yields ahead of a U.S. consumer sentiment report indicated shifting investor perceptions. The strengthening U.S. dollar against rival currencies following recent fluctuations highlighted ongoing market volatility.

The article underscores the impact of President Trump’s trade war uncertainties on market dynamics, with investors closely monitoring developments for potential implications on economic stability. Despite recent market fluctuations, ongoing corporate earnings reports and global economic indicators continue to shape investor sentiment and market movements.