During the week of April 28 to May 2, 2025, U.S. and Hong Kong stock markets experienced significant gains, driven by positive economic data and easing trade tensions.
$S&P 500(.SPX)$ achieved a nine-day winning streak, its longest since 2004, closing at 5,686.67 on May 2. $Dow Jones(.DJI)$ rose 1.4%, and $NASDAQ(.IXIC)$ gained 1.5% during the same period. These gains were fueled by a stronger-than-expected April jobs report, which showed 177,000 new jobs added and an unemployment rate holding steady at 4.2%. Investor sentiment was further bolstered by optimism over potential easing of U.S.-China trade tensions, as reports suggested China might address U.S. concerns and engage in talks to reduce tariffs.
In Hong Kong, $HSI(HSI)$ rose from 21,971.96 on April 28 to 22,504.68 on May 2, reflecting a gain of approximately 2.4%. The market was buoyed by strong performances in technology and electric vehicle sectors, with companies like Li Auto and BYD Electronic International posting significant gains.
Competition Highlights:
🔹 Most-traded stock: $Palantir Technologies Inc.(PLTR)$
Last week ,PLTR reported robust Q1 earnings, with revenue rising 39% year-over-year to $884 million and net income more than doubling to $214 million.. Despite these strong results, PLTR shares closed the week at $124.28 on May 2, up 8.4% from the previous week's close of $114.65 on April 28 .
🔹 Top-performing stock: $ProShares UltraPro QQQ(TQQQ)$
Last week , TQQQ gained approximately 10.4%, rising from $53.82 to $59.43. This leveraged ETF, which aims to deliver three times the daily performance of the Nasdaq-100 Index, benefited from strong earnings reports in the tech sector and easing U.S.-China trade tensions, contributing to a broader market rally.
Congratulations to the following Tigers on this week’s leaderboard!
Top 3 Tigers:
🏆 1st Place:@Sasabbat$50 voucher
🥈 2nd Place:@FlyingTesla $40 voucher
🥉 3rd Place:@sean_8120 $30 voucher (See the full leaderboard below
4th–10th Place: Every Tiger will receive a $20 stock voucher
@acidgerm @DuShen @JTGOH9 @Raemon @mushrooz @Michelletimt @Clc2
🎉 Congratulations to all Tigers who earned weekly rewards! Visit the Rewards Center to claim your prize. For detailed instructions, check the competition rules here: [Insert link to rules]
🏆 Special Invitation for Contest Winners:
Winners are welcome to contact our staff for an exclusive trading competition interview. In addition to the competition rewards, you’ll have a chance to earn an extra $30 voucher!
How to share:
You can directly share with Tiger's staff and get in touch.
E-mail: sunmanlin@itiger.com
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Go to the competition venue: 2025 Tiger Brokers Trade To Win
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