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Showing posts with the label S&P 500 rebound

U.S. Stock Market Summary for Friday, March 21, 2025

Major Indices Performance S&P 500 : ↑ 0.08% → 5,667.56 Dow Jones Industrial Average : ↑ 0.08% → 41,985.35 Nasdaq 100 : ↑ 0.39% → 19,753.96 Russell 2000 : ↓ 0.56% → 2,056.98 Market Overview U.S. stocks ended slightly higher on Friday, breaking a four-week losing streak. The S&P 500 rebounded sharply in the final minutes of trading after falling over 1% earlier in the session, with trading volume spiking due to the quarterly "triple witching" of options and futures expiration. President Trump’s remarks suggesting potential “flexibility” on tariffs helped lift market sentiment. However, he reaffirmed plans to impose reciprocal tariffs starting April 2 on any country that taxes U.S. goods. Over the past month, concerns about economic slowdown, trade tensions, and tech overvaluation have caused U.S. equity market capitalization to drop by trillions of dollars. CTA funds reportedly reduced S&P 500 exposure to the lowest level since 2023, while retail invest...

U.S. Stock Market Summary for Monday, March 17, 2025

Major Indices S&P 500 : +0.64% → 5,675.12 Dow Jones : +0.85% → 41,841.63 Nasdaq 100 : +0.55% → 19,812.24 Russell 2000 : +1.19% → 2,068.33 Market Overview U.S. stocks posted modest gains on Monday, continuing a rebound from the recent correction. Despite mixed economic signals, investors showed cautious optimism heading into the upcoming Federal Reserve meeting. February retail sales rose by 0.2%, falling short of expectations (0.6%), while core sales (excluding autos) increased by 0.3%, matching forecasts. Meanwhile, the New York Fed’s manufacturing index plunged from 5.7 to -20, marking the sharpest drop in two years. The NAHB housing market index also fell to a 7-month low amid higher construction costs linked to tariffs. The Atlanta Fed’s GDPNow forecast was revised downward from -1.6% to -2.1%, signaling continued economic softness. Sector Highlights Technology Intel : +6.8% after reports that incoming CEO Lip-Bu Tan plans to overhaul manufacturing and AI...

U.S. Stock Market Summary for Friday, March 14, 2025

Major Indices S&P 500 : +2.13% → 5,638.94 Dow Jones : +1.65% → 41,488.19 Nasdaq 100 : +2.49% → 19,704.63 Russell 2000 : +2.53% → 2,044.10 Market Overview U.S. stocks rallied sharply Friday, marking their strongest single-day performance in months. The rebound was fueled by relief over a potential government shutdown being averted. Senate Minority Leader Chuck Schumer expressed support for the GOP's six-month stopgap spending bill, calming investor nerves. Despite Friday’s gains, Wall Street ended the week in the red: S&P 500 fell 2.3%, Dow 3.1%, Nasdaq 2.4% —registering a fourth straight week of losses . The University of Michigan’s consumer sentiment index dropped to 57.9 , the lowest in two years, while 1-year inflation expectations jumped to 4.9% , reflecting growing anxiety around tariffs. Sector Highlights Technology Nvidia : +5.3% ahead of next week’s GTC keynote by CEO Jensen Huang Tesla : +3.9% on news of a lower-priced Model Y to be produced in S...