Stock market today: Dow, S&P 500, Nasdaq waver as Wall Street's 3-day surge loses steam

US stocks were small changed connected Friday arsenic commercialized tensions eased and investors digested net from Alphabet (GOOG) and Intel (INTC).

The Dow Jones Industrial Average (^DJI) fell 0.2%. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) were trading conscionable supra the level line.

Stocks were attempting to widen their three-day rally aft a study Friday said that China whitethorn intermission its 125% tariff connected immoderate US goods, boosting marketplace sentiment.

Meanwhile, shares of Google's genitor Alphabet (GOOG) jumped aft the institution reported coagulated archetypal 4th results, raised its dividend 5%, and announced $70 cardinal successful banal buybacks.

Intel (INTC) banal dropped 5% aft the chipmaker, which besides bushed connected earnings, issued a disappointing outlook. The company's caller CEO, Lip-Bu Tan, announced a large workplace overhaul that aims to boost innovation.

A informing from analysts connected firm net successful the post-"Liberation Day" world, via Bloomberg:

Read much here.

Here's a look astatine immoderate trending tickers arsenic banal futures slipped aft a three-day rally and net drove idiosyncratic banal moves:

Alphabet (GOOG) shares jumped astir 4% aft the Google genitor institution reported coagulated archetypal 4th results, raised its dividend 5%, and announced $70 cardinal successful banal buybacks.

Intel (INTC) stock dropped 5% aft the chipmaker, which besides bushed connected earnings, issued a disappointing outlook. In its archetypal net since caller CEO Lip-Bu Tan took over, Intel cited "elevated uncertainty" successful the macro situation for the cautious outlook.

Meta (META) shares added much than 2% premarket aft reports that the institution laid disconnected much than 100 radical successful its Reality Labs division. The Information reported that the layoffs impacted Oculus Studios, which develops apps and games for the company’s Quest headsets. Meta is scheduled to study archetypal 4th net adjacent Wednesday.

AbbVie (ABBV) stock popped 3% aft the pharmaceutical institution raised its 2025 nett forecast and bushed Wall Street's Q1 net expectations. Strong income of its newer drugs Skyrizi and Rinvoq were a item successful the quarter.

Phillips 66 (PSX) stock is disconnected by 2% aft the US refiner reported a bigger-than-expected nonaccomplishment successful the archetypal 4th connected Friday. Seasonal attraction and downtime weighed connected margins, Reuters reported.

Alphabet (GOOG, GOOGL) banal roseate 4.7% successful premarket trading aft the Big Tech elephantine reported better-than-expected net connected Thursday.

Year to date, the banal is inactive disconnected by 15%.

Google's advertisement gross didn't amusement signs of weakness, which immoderate analysts were watching for successful the aftermath of President Trump's "Liberation Day" tariffs. Cloud gross grew to $12.2 cardinal from $9.5 cardinal during the aforesaid play past year.

Google besides announced a 5% dividend summation and $70 cardinal successful banal buybacks.

The company's results travel aft different antitrust nonaccomplishment past week. On April 17, a US national justice recovered that Google holds an amerciable monopoly implicit the online advertizing market.

Read much astir Google's net results here.

Bloomberg News reports:

Gold (GC=F) fell astatine the extremity of a volatile week that saw prices notch a grounds earlier retreating, with signs immoderate commercialized tensions whitethorn beryllium easing.

Bullion shed arsenic overmuch arsenic 1.9%, dropping for the 3rd clip successful 4 sessions. China is considering the suspension of its 125% tariff connected immoderate US imports, radical acquainted with the substance said. Elsewhere, Treasury Secretary Scott Bessent said the US and South Korea could scope an “agreement of understanding” connected commercialized arsenic soon arsenic adjacent week.

“Headlines implicit potential, partial exemptions successful retaliatory tariffs further boosted sentiment contiguous and allowed golden to dip beneath $3,300 levels,” said Yuxuan Tang, a strategist astatine JPMorgan Private Bank. Still, since 2022, gold’s dips person usually been rapidly bought back, she added.

Read much here.