The U.S. markets closed in a mixed state on Wednesday, April 30. The Dow and S&P 500 saw a late rebound, overcoming a surprising 0.3% contraction in GDP. This marked the first GDP contraction in three years. However, consumer spending jumped by 0.7%, easing concerns of stagflation. Major tech stocks like Meta and Microsoft surged due to strong earnings reports, contributing to the market’s recovery. Despite this, gold prices fell amid rising optimism in trade and strengthening dollar values.