The US stock market rebounded strongly in April, with the Nasdaq and S&P 500 indices jointly hitting new all-time highs. The US semiconductor index set a record for the longest consecutive gains in history. Driven by easing tensions in the Middle East, robust corporate earnings reports, an AI boom, and growth expectations, FOMO (fear of missing out) sentiment intensified, becoming a key driver for continued stock market gains.
As of the close on April 25,$S&P 500 Index (.SPX.US)$Having rebounded approximately 13% from its low point in March, the tech-heavy $Nasdaq Composite Index (.IXIC.US)$has surged about 19% since the end of March, while the $Dow Jones Industrial Average (.DJI.US)$rose approximately 9%.
Looking ahead to May, the US stock earnings season will continue, with $Apple (AAPL.US)$、 $SanDisk (SNDK.US)$ 、 $Lumentum (LITE.US)$ 、 $Advanced Micro Devices (AMD.US)$ 、 $Circle (CRCL.US)$ 、 $NVIDIA (NVDA.US)$set to release their latest quarterly earnings reports. Meanwhile, the situation in the Middle East may remain volatile, and macroeconomic data fluctuations driven by geopolitical risks are likely to keep markets on edge. Additionally, important events worth noting in May include: reports that US President Trump will visit China in mid-May; and Fed Chair Powell’s term expiring on May 15.
To help fellow investors better grasp the main themes of the market and investment opportunities, Futubull has carefully compiled a list of key US stock market events for May. We recommend bookmarking this for future reference!
Specifically,
Earnings reports from major US tech giants will be released in rapid succession
Tech giants$Apple (AAPL.US)$, Popular Storage Concept Stocks$SanDisk (SNDK.US)$ will be announced after the market close on April 30 (i.e., Beijing time on May 1);
The leading company in AI application software stocks$Palantir (PLTR.US)$ will announce its earnings after the market close on May 4 (Eastern Time) or on May 5;
The global CPU giant$Advanced Micro Devices (AMD.US)$ , the leader in optical communication $Lumentum (LITE.US)$will announce its earnings after the market close on May 4 (Eastern Time) or on May 5;
The stablecoin issuer $Circle (CRCL.US)$ will announce its earnings before the market open on May 11 (Eastern Time);
The global AI chip giant$NVIDIA (NVDA.US)$ will announce its earnings after the market close on May 20 (Eastern Time) or on May 21.
It was reported that Trump will visit China in mid-May.
Trump's visit to China, originally scheduled for late March to early April, was postponed in mid-March due to the situation in Iran. According to reports by Reuters and other media, on March 25, White House Press Secretary Karoline Leavitt announced at a press briefing that US President Trump will officially visit China from May 14 to 15, during which a summit between the leaders of China and the United States will be held.
Chinese Foreign Ministry spokesperson Lin Jian stated at a regular press conference on March 26 that head-of-state diplomacy plays an irreplaceable leading role in China-US relations. Both sides are maintaining communication regarding Trump’s visit to China.
Fed Leadership Transition: Powell's term expires on May 15
The term of the current Federal Reserve Chair, Powell, will expire on May 15, marking the countdown to a policy power transition.
Kevin Warsh, the nominee for Federal Reserve Chair, appeared before the Senate Banking Committee confirmation hearing last Tuesday, emphasizing the need to maintain the independence of monetary policy and stating he would not take orders from the White House. Political pressure is intensifying policy uncertainty. Prior to the hearing, President Trump expressed that he would be disappointed if Warsh does not immediately cut interest rates upon taking office.
Additionally, the Fed will release the minutes of its monetary policy meeting in the early hours of May 21, Beijing time.
At present, the Federal Reserve faces a policy environment with multiple interwoven constraints: rebounding inflation pressures persist, geopolitical tensions are driving up energy prices, political intervention risks are rising, and the impending leadership transition further amplifies policy uncertainty. Whether Warsh's reform agenda can secure Senate confirmation while safeguarding independence, and how the April FOMC meeting sets the tone for the balance sheet reduction path, will become key variables driving global market volatility in the next phase.
In addition, a series of significant data releases are forthcoming, including the April non-farm payroll data, CPI data, PPI data, and PCE data. May 25 (Monday) is Memorial Day, and US stock markets will be closed for the day. Fellow investors are advised to plan their trading funds accordingly.
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Editor/Jayden