Headlines over the weekend about the exclusion of certain consumer electronic products from the reciprocal tariffs added to the positive sentiment at the market open. This was a relief for the tech sector, sparking renewed investor interest, with Apple and Nvidia leading the gains.

\r\nMeanwhile, lower bond yields eased fears about overvaluations, providing some cushion for interest-sensitive stocks."} 61:{"type":"p","text":"The decline in bond yields occurred despite an economic report showing U.S. consumer inflation expectations for the year ahead rising for the second straight month, climbing to 3.6 percent in March from 3.1 percent in February. This marks the highest level since October 2023, with food and medical care leading the increase."} 62:{"type":"p","text":"Positive sentiment for stocks continued on the morning of April 15, fueled by better-than-expected earnings from Bank of America, which ignited investor interest in the financial sector."} 63:{"type":"p","text":"The tech sector also drew attention, fueled by hopes of a tariff reprieve and news of Nvidia’s plans to invest $500 billion in AI-related infrastructure in the United States."} 64:{"type":"p","text":"Further declines in bond yields ahead of Fed chair Jerome Powell’s speech provided some support for risky assets, spreading gains to other sectors."} 65:{"type":"p","text":"However, the markets reversed course in the afternoon, with all major equity averages closing slightly lower for the day.\r\n

On April 16, the stock markets extended their downside trend, driven by a couple of headlines. The first came from Nvidia, the tech leader, which announced it would write off about $5.5 billion in H20 inventory for the April quarter because of export restrictions on selling these chips to China.

\r\n

Write-offs redu

Weekly Market Review: Stocks Post Losses Despite Falling Treasury Yields

How Major US Stock Indexes Fared May 8

How Major US Stock Indexes Fared May 7

How Major US Stock Indexes Fared May 6