Dow Drags as April Closes Mixed; Meta Slumps, Alphabet and Amazon Rally
TL;DR Summary
U.S. stocks closed April mixed: the Dow slid for a fifth straight session, the S&P 500 was nearly flat, and the Nasdaq edged up; after hours, Meta slumped on weak user growth and higher capex, while Alphabet and Amazon beat on earnings and Microsoft rose on cloud growth. Oil climbed as U.S.-Iran tensions persisted, and the Fed kept rates steady with notable dissent, setting a cautious tone ahead of GDP and PCE data and more big-name earnings this week.
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