Big Tech, Meta Earnings Send Stocks Surging

Gold rose on the day but remain below $2,000

Emma Duncan

Managing Editor

Apr 27, 2023 at 4:29 PM

Facebook parent Meta Platforms (META) was all the rage after earnings, sending Big Tech, and subsequently the broader market, surging for Thursday's trading. Gains even came despite a disappointing gross domestic product (GDP) report, with the Dow and S&P 500 logging their best daily performances since January. Heading into Friday, the indexes are eyeing a breakeven weekly performance.

Continue reading for more on today's market, including:

2 airline stocks circled by options traders.
Fed decision will highlight Wall Street next week.
Plus, Big Tech has META to thank; partnership buzz for semiconductor; and the backbone of trading amid high volatility markets.

Closing Indexes Summary April 27

NYSE and Nasdaq Stats April 27

Things to Know Today

The Senate Banking Committee is slated to review a bill that would give access to banking and financial services to the cannabis business community. (CNBC)
Verizon Communications (VZ) is enjoying its best day since February 2021, after last week's steep telecom sector selloff. (MarketWatch)
Behind the Big Tech post-earnings win for Meta stock.
Partnership buzz sent semiconductor soaring.
What to do when expecting high volatility.

Unusual Options Activity April 27

Gold Stays Below Key Level Despite Daily Win

Black gold prices settled higher today, with June-dated crude adding 46 cents, or 0.6%, to close at $74.76 per barrel.

Gold prices posted another gain, but stayed just below the $2,000 level after today's GDP report. For the day the June-dated commodity rose $3 or 0.2%, to settle at $1,999 an ounce.

Follow @Schaeffers

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.