Digest | 29 April 2025
- Edward von der Schmidt
- Apr 29
- 3 min read
Updated: May 16
The prospect of progress on trade negotiations buoyed risk assets on Tuesday as the S&P 500 ended in the green for a sixth straight session. Treasury yields continued their descent into Wednesday's refunding announcement while the dollar strengthened. Pulled forecast guidance and outlook uncertainty overshadowed earnings outperformance as markets awaited further clarity on tariffs. Apropos, comments from the administration hinted at near-term deal announcements on the horizon.