Pre-Market Report – Thursday 30 April: US markets stall on Fed and tech numbers | SPI down 69

Pre-Market Report – Thursday 30 April: US markets stall on Fed and tech numbers | SPI down 69

April 29, 2026 · 12 min

About this episode

The episode discusses the recent performance of US markets, focusing on the Dow Jones, S&P 500, and Nasdaq amid economic factors and upcoming earnings reports.

The Dow Jones Industrial Average ended Wednesday lower as oil prices continued their rally amid a U.S. blockade of Iranian ports and after the Federal Reserve left its key interest rate unchanged. Traders also awaited quarterly earnings from four of the “Magnificent Seven.” The 30-stock index fell 280.12 points, or 0.57%, to close at 48,861.81 and notch a fifth straight losing day. The S&P 500 inched down 0.04% to close at 7,135.95, while the Nasdaq Composite crept up 0.04% to 24,673.24. ...

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