Today's War Room Trading Recap

Market Recap – April 30, 2025: GDP Miss Sparks Volatile Session, Tech Leads Rebound

U.S. equities opened sharply lower this morning after the preliminary Q1 GDP report came in well below expectations, showing annualized growth of just 0.9% versus the 1.7% forecast. The disappointing figure raised immediate concerns about a potential slowdown in consumer and business activity, pressuring major indexes in early trade.

The Dow Jones Industrial Average dropped over 300 points at the open, while the S&P 500 and Nasdaq Composite also sank as investors digested the implications of weaker growth alongside persistent inflation.

However, as the session progressed, markets began to stabilize and stage a measured rebound. Much of the recovery was driven by strength in semiconductors and mega-cap tech, with names like AMD, Nvidia, and Apple bouncing off morning lows. Traders appeared to recalibrate their expectations for Fed policy, with hopes rising that the central bank may take a more dovish tone if economic growth continues to falter.

Treasury yields dipped modestly following the GDP release, with the 10-year yield retreating to around 4.45%, reflecting increased demand for safe-haven assets.

Overall, today’s session highlighted the market’s sensitivity to macroeconomic data and the continued tug-of-war between softening growth and sticky inflation. While early selling was sharp, disciplined traders found opportunity in afternoon trend setups—particularly in tech.