Dow Falls 200 Points; Alphabet Posts Upbeat Q1 Results
Benzinga·2025-04-25 14:10

Market Overview - U.S. stocks traded lower, with the Dow Jones index falling approximately 200 points, down 0.50% to 39,894.22, NASDAQ down 0.11% to 17,147.08, and S&P 500 down 0.24% to 5,471.83 [1] - Communication services shares increased by 0.9%, while health care shares decreased by 0.9% [1] Company News - Alphabet Inc reported better-than-expected first-quarter financial results, announcing a 5% increase in the dividend to 21 cents per share and a $70 billion share repurchase plan authorized by the Board of Directors [2] Commodity Market - Oil prices fell by 0.4% to $62.55, gold decreased by 1.7% to $3,293.10, silver dropped by 2.1% to $32.805, and copper fell by 0.9% to $4.8120 [4] European Market - European shares showed positive performance, with the eurozone's STOXX 600 gaining 0.5%, Germany's DAX 40 up 0.8%, France's CAC 40 up 0.7%, Spain's IBEX 35 up 1.3%, and London's FTSE 100 rising 0.2% [5] Asian Market - Asian markets closed mixed, with Japan's Nikkei 225 surging 1.90%, China's Shanghai Composite down 0.07%, Hong Kong's Hang Seng Index up 0.32%, and India's BSE Sensex down 0.74% [6] Economic Indicators - U.S. consumer confidence declined to 52.20 points in April from 57 points in March [7] Stock Movements - Odyssey Marine Exploration, Inc. shares surged 80% to $1.53 following an executive order to boost the U.S. deep-sea mining industry [8] - Baijiayun Group Ltd shares increased by 77% to $0.3288 due to plans for significant investment in autism rehabilitation [8] - AGM Group Holdings Inc. shares rose by 47% to $0.0572 [8] - Azul S.A. shares dropped 45% to $0.6175, while Coeptis Therapeutics Holdings, Inc. shares fell 33% to $8.35 following a merger announcement [8] - Lexaria Bioscience Corp. shares decreased by 23% to $1.28 after announcing a $2 million registered direct offering of common stock [8]