Stocks Market Jumps 2%, but Today's Data Was Worse Than You Think

Source The Motley Fool

Economic and earnings data were weak this morning, but that didn't stop the stock market from surging over 2%. Is this a bull market trap or a sustainable turnaround? Travis Hoium digs into the latest news.

*Stock prices used were end-of-day prices of April 21, 2025. The video was published on April 22, 2025.

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Travis Hoium has positions in Verizon Communications. The Motley Fool has positions in and recommends 3M. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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WTI slumps below $66.00 amid hopes for US-Iran talks West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.70 during the early European trading hours on Monday. The WTI price declines as the United States (US)-Iran talks are set to resume later this week.
Author  FXStreet
10 hours ago
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.70 during the early European trading hours on Monday. The WTI price declines as the United States (US)-Iran talks are set to resume later this week.
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Top 3 Price Prediction: BTC breakdown hints at deeper correction as ETH and XRP extend lossesBitcoin (BTC), Ethereum (ETH) and Ripple (XRP) prices are extending losses on Monday after falling slightly the previous week. BTC is slipping below the lower consolidation range at $65,000, and ETH is falling below $1,900, both extending their six-week losing streaks.
Author  FXStreet
11 hours ago
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) prices are extending losses on Monday after falling slightly the previous week. BTC is slipping below the lower consolidation range at $65,000, and ETH is falling below $1,900, both extending their six-week losing streaks.
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Gold rises to near $5,150 as Trump’s tariffs boost haven demand, US-Iran talks eyedGold price (XAU/USD) edges higher to near $5,095 during the early Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, boosting safe-haven flows. 
Author  FXStreet
16 hours ago
Gold price (XAU/USD) edges higher to near $5,095 during the early Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, boosting safe-haven flows. 
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Top 3 Price Prediction: BTC, ETH and XRP remain range-bound as breakdown risks riseBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading sideways within consolidation ranges on Friday, signaling a lack of directional bias in the broader crypto market.
Author  FXStreet
Feb 20, Fri
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading sideways within consolidation ranges on Friday, signaling a lack of directional bias in the broader crypto market.
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WTI Price Forecast: Sits above mid-$66.00, over six-month top amid rising US-Iran tensionsWest Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to sub-$66.00 levels and climb back closer to the highest level since August 4, touched earlier this Friday.
Author  FXStreet
Feb 20, Fri
West Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to sub-$66.00 levels and climb back closer to the highest level since August 4, touched earlier this Friday.
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