US stocks, dollar drop on lingering tariff worries, a day after relief rally

US stocks, dollar drop on lingering tariff worries, a day after relief rally

By Caroline Valetkevitch

Thu April 10, 2025 5:41 PM

The Great Elation lasted but all of one day, despite the fact that there was a sudden upturn in the market ten minutes before close yesterday which should have meant a continued rally today. But the overnight brought more level heads into the reality that there is still a major trade war going with China and Trump once again intensified that reality by raising the tariff on China from 104% earlier this week to 125% yesterday to 145% today. Even without the increase, the reality check would have brought the markets down but the double reality check brought it way down, though thankfully the indexes only lost about 1/3 of the gains made yesterday.  

Stocks spring higher, dollar gains as Trump announces tariff pause excluding China

Stocks spring higher, dollar gains as Trump announces tariff pause excluding China

By Caroline Valetkevitch

Wed April 9, 2025 5:54 PM

Once again, Trump pulled an earth-shattering surprise but this time it was good news when he announced a 90-day pause on all the reciprocal tariffs that were to go into effect today, China being excepted where there was not only a pause but an increase to 125%.  Until then it was a very quiet day compared to most with all the indexes straddling flat until 1:15 p.m. That had to be when the announcement was made and the market reacted with one of the biggest rallies in history, a single day gain on the Dow of over 2900, on the Nasdaq of over 1800. 

S&P 500 hits lowest close in almost a year as hopes wane for tariff concessions

S&P 500 hits lowest close in almost a year as hopes wane for tariff concessions

By Sinéad Carew and Shashwat Chauhan

Tue April 8, 2025 6:32 PM

Expecting … hoping! … that China would blink before the midnight deadline, all the indexes were way up in the morning, the Dow up over 1500. Then around 10:30 came the fateful announcement not only that China wasn’t about to blink but that Trump was going to issue a further penalty of 104%. This sent the market plummeting again as hopes for concessions evaporated and by 3 pm lost all their gains and dove another 900 points in the red before zooming up in the last fifteen minutes to recover all but 320. Does that last minute rally portend a good day for tomorrow?  

Dow, S&P 500 end wild session lower, Trump digs in on tariffs

Dow, S&P 500 end wild session lower, Trump digs in on tariffs

By Sinéad Carew and Pranav Kashyap

Mon April 7, 2025 5:02 PM

Ain’t social media grand? As was expected from the weekend’s dire futures, all three indexes opened down, way down, the Dow plunging another 1700 points, the Nasdaq another equally whopping 800 points. But it didn’t last long, until 10 a.m. to be exact. It was at that hour that somebody somewhere posted a comment that Fox had reported that the White House would be pausing the tariffs by 3 months. This triggered a huge rally with the Dow shooting up some 2700 points. That too did not last long as by 10:20 a.m. both Fox and the White House confirmed that this news did not come from them and was not at all true.  

Trump tariff tailspin worsens, Nasdaq confirms in bear market

Trump tariff tailspin worsens, Nasdaq confirms in bear market

By David French

Fri April 4, 2025 5:11 PM

The disaster continues as for the second day following the draconian tariff announcements all three indexes went into freefall again, today even worse than yesterday with the Dow falling over 500 points further than it fell yesterday, throwing the index once again into an unprecedented 4-figure loss two days in a row. All three indexes suffered losses in the 9-11% range for the last two days, losses for the week topping records from the past five years. The VIX jumped a whopping 50% today after jumping a whopping 40% yesterday, jumping from 30 to 45 in just one day and putting the “fear index” now well into panic territory.  

Wall Street ends with heavy losses on fears Trump tariffs will trigger recession

Wall Street ends with heavy losses on fears Trump tariffs will trigger recession

By David French

Thu April 3, 2025 4:00 PM

As was widely expected, today was a historic disaster as all three indexes suffered their biggest one-day percentage losses in five years due to massive fears triggered by yesterday’s sweeping and severe tariffs announcement. All the indexes closed down in the 4-6% range. All expectations for earnings and revenues for most companies are going to be lowered. Big tech got hit particularly hard with Apple, Amazon, and Nvidia all down about 9%. There is a mystery in that, though the freefall began right at open, at about 11 a.m. a significant recovery began that abruptly halted, again on all three indexes, right at 1 p.m. when the freefall then continued unstopped for the rest of the session. I’ve found no explanation for what happened at either 11 a.m. or 1 p.m. 

Wall Street ends higher, rebounds in choppy trade ahead of Trump tariff plan

Wall Street ends higher, rebounds in choppy trade ahead of Trump tariff plan

By David French

Wed April 2, 2025 4:20 PM

On dour anticipation of today’s tariff announcement, all three indexes started in the red but then quickly started gaining ground, albeit very choppy, with the Dow and Nasdaq once again in 3-digit gains by close. Trump did not deliver the tariff news until about an hour after the markets closed and, hedging bets, investors were buying ahead of the news expecting a moderate approach. Also prompting the buying was reported news that Trump may be phasing out Musk’s role sooner than expected.  

S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo

S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo

By David French

Tue April 1, 2025 5:55 PM

There was all kind of erratic trading today with all indexes bouncing back and forth between black and red but closing near even except for the Nasdaq that enjoyed a healthy 3-digit gain. Tomorrow’s D-Day with all the markets bracing for whatever shock is coming, but there is at least some agreement that there will be at least a little more clarity after tomorrow which may help stabilize things a bit. Others are more skeptical, the overall backdrop expected to remain highly uncertain.  

S&P, Nasdaq post big quarterly percentage drops on Trump tariff turmoil

S&P, Nasdaq post big quarterly percentage drops on Trump tariff turmoil

By David French

Mon March 31, 2025 4:54 PM

Today, rather than getting more assurances from the White House that the tariffs coming this Wednesday would be measured, instead there was the announcement Sunday that they would be widespread and include all nations which caused all the indexes to open down, the Nasdaq way down. The rest of the session was in recovery mode with the S&P and Dow doing better due to more safe haven stocks being available there.  

Wall Street tumbles as fresh data fuels inflation fear

Wall Street tumbles as fresh data fuels inflation fear

By Noel Randewich and Pranav Kashyap

Fri March 28, 2025 4:31 PM

The highly awaited PCE numbers came with a disappointment showing what was feared – inflation up and thus consumer spending down, or to put it more accurately, spending rebounded less than expected. All in all, it just further fueled the fires of fear and uncertainty and, combined with the coming automobile tariffs, sent all three indexes spiraling way down constantly all day, major 3-digit drops all around. The U of M consumer inflation survey showed expectations exploding to a 2-1/2 year high, beating down stalwarts Apple, Microsoft and Amazon from 2.7% to 4.3%. All three indexes were down for the week from 1% to 2.6%. And it gets worse.  

S&P 500 ends lower as investors digest Trump's auto tariffs

S&P 500 ends lower as investors digest Trump's auto tariffs

By Noel Randewich

Thu March 27, 2025 4:20 PM

On this second day, the shock of the automobile tariffs coming April 3^rd and auto parts coming May 3^rd continues to rattle automakers with both GM and Ford down another 7% and 3.9% respectively after yesterday’s big hit. Auto parts makers also took a 5% hit. As today’s expert put it, “Investors are really cautious and wary of Trump and his policies. Even more than the policies, just the constant flip-flopping, making people really nervous about making long-term investments.”  

Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

By Noel Randewich

Wed March 26, 2025 4:37 PM

Detroit got bad news today. The market didn’t have to wait until April 2^nd for a hoped-for allay of tariff fears. They got it with both barrels today with Trump’s announcement of 25% tariffs on all foreign-made autos and auto parts. Since most even domestic autos are made with at least some (and often many) foreign made parts, the entire U.S. auto industry will be impacted which sent all three indexes straight down from the open and staying that way all day, closing again with 3-digit losses.  

US stocks end higher as traders focus on tariffs, data

US stocks end higher as traders focus on tariffs, data

By Noel Randewich

Tue March 25, 2025 4:14 PM

It was a third day of betting on optimism in the hopes that Trump’s April 2^nd tariff announcement will be moderate, but today the price movement was much more erratic with the indexes well up in the morning, then down in the afternoon, the Dow up over a hundred in the a.m., then down over a hundred in the p.m., but all closing near break-even except the Nasdaq that had a more robust day.  

S&P 500 ends sharply higher, Nvidia and Tesla rally

S&P 500 ends sharply higher, Nvidia and Tesla rally

By Noel Randewich

Mon March 24, 2025 4:33 PM

It’s not often that all three indexes enjoy very substantial 3-digit gains, especially from the S&P for which hundred-point daily gains are almost unheard of, but that’s what happened on this the second day that Trump has signaled once again that the April 2^nd tariffs may be more measured than across the board. The indexes were all straight up right out the gate and stayed that way, supported strongly by the return of losses to Nvidia and Tesla due to the new tariff optimism.  

Wall St ends higher, dollar rises as Trump signals tariff respite

Wall St ends higher, dollar rises as Trump signals tariff respite

By Stephen Culp

Fri March 21, 2025 4:46 PM

The day started with the usual morning terrors with all the indexes way down on tariff and other economic fears, the Dow down over 500 points by 10 a.m. But then the market started to climb and continued the climb all day, very likely because of Trump once again giving the hint that he may not be as strict with the April 2^nd tariffs after all. But the consensus remains that the gains would have been stronger except for weakness in the sensitive sectors which are strongly impacted by uncertainty.  

Stocks slip in choppy trade as economic, tariff outlook eyed

Stocks slip in choppy trade as economic, tariff outlook eyed

By Chuck Mikolajczak

Thu March 20, 2025 4:21 PM

All three indexes had a very good morning with the Dow up nearly 300 points by 11 a.m., before all three began sliding after noon and continued to close with modest losses. So the Fed optimism lasted but a day when inflation and uncertainty took the front seat again today.  There’s nothing in the news that points to any near-term exit to this nervousness. As today’s expert put it, “When I survey the near-term news flow, I don’t have a lot of hope that we’re suddenly going to leap out of this.” The job outlook may be dimming due to government spending cuts and policy uncertainty and Q1 prospects are also dimming due to the tariff outlook.  Today’s 13.06 billion shares remains well below the 16.28 4-week average. 

DJ: 41,964.63  +383.32      NAS: 17,750.79  +246.67      S&P: 5,675.29  +60.63         3/19

DJ: 41,953.32  -11.31         NAS: 17,691.63  -59.16         S&P: 5,662.89  -12.40          3/20

Thu 3-20-25 4:21 pm Stocks slip in choppy trade as economic, tariff outlook eyed | Reuters

Wall Street rallies after Fed keeps rates unchanged

Wall Street rallies after Fed keeps rates unchanged

By Chuck Mikolajczak

Wed March 19, 2025 4:23 PM

As the markets more or less got what they wanted from the Fed this afternoon, which was a little more certainty (or less uncertainty), the indexes once again had a good surge, substantial 3-digit gains on both the Dow and Nasdaq, and the S&P had a pretty good day too. The Fed basically restated its previous positions that they expected growth to continue slowing and inflation to continue growing. The good news is that both the contraction in growth and the rise in inflation is forecasted to be moderate and, for this month’s report, both had nudged just a bit. But Powell repeated the complication that it would be difficult to gauge how much Trump’s policies are contributing to inflation and how much is to other long-present factors.  

Wall Street ends lower on tariff worry as Fed decision eyed

Wall Street ends lower on tariff worry as Fed decision eyed

By Chuck Mikolajczak

Tue March 18, 2025 4:23 PM

Yesterday there was a rally that may have been based on optimism over positive news from the Fed coming Wednesday when they will be delivering the added benefit of a report on economic projections, giving the market a much desired clearer picture of how Trump’s policies, particularly regarding tariffs, will impact the economy. Today, there was a lot more caution in the air as investors now are hedging their bets against not so great news. 

US stocks rally as investors weigh economic data, Trump policies

US stocks rally as investors weigh economic data, Trump policies

By Chuck Mikolajczak

Mon March 17, 2025 4:34 PM

All three indexes were more or less chugging along near flat (except Nasdaq in the red) until 1 pm when everything soared for the afternoon, only suddenly declining again in the final 15 minutes but still all closing in the green with the Dow once again into very respectable 3-digit gains. Like Friday, this is once again being attributed to picking up bargains after several weeks of tumble. But Trump’s policies remain a major area of nervousness and uncertainty and consumer sentiment continues to fall substantially.  

Wall St ends sharply higher as selloff prompts dip-buying rally

Wall St ends sharply higher as selloff prompts dip-buying rally

By Stephen Culp

Thu March 14, 2025 4:27 PM

Finally, finally!  Despite all the problems that remain out there, the market has finally gone low enough that investors felt comfortable picking up bargains and buying on the dip which I’m sure everybody hopes means that, despite both the S&P and Nasdaq being in correction and despite the continuing brutal uncertainty over the tariff wars, that maybe the indexes won’t go much lower. So today we had fantastic mid-to-upper range 3-digit gains across the board for the best single day since the day after the election when elation due to hopes of a better economy ruled. But it was still the fourth straight week of losses for the S&P and Nasdaq and six of the Magnificent 7 remain down for the year.  

Stocks sink with S&P 500 in correction, bonds in demand amid tariff angst

Stocks sink with S&P 500 in correction, bonds in demand amid tariff angst

By Sinéad Carew and Harry Robertson

Thu March 13, 2025 5:08 PM

The tariff wars continue to heat up and, in direct correlation, the stock market continues to drop drastically with big 3-digit dips across the board. Today, in addition to the Wednesday tariff on European steel and aluminum, now there is the additional threat of 200% tariffs on the EU as it becomes a litany of tariffs followed by reciprocal tariffs followed by more reciprocal tariffs and, so far, no one has been blinking. With the good inflation data reported yesterday and today from the CPI and PPI, we should be having a big rally but such momentum has been squashed by the ever-escalating trade war and fears of the recession it may well trigger. 

S&P 500, Nasdaq end higher as cool inflation data calms tariff jitters

S&P 500, Nasdaq end higher as cool inflation data calms tariff jitters

By Stephen Culp

Wed March 12, 2025 4:47 PM

All three indexes went into freefall in the morning session, the Dow losing about 300 points before noon.  But then a CPI report showing inflation heading in the desired direction pumped up everyone’s spirits which started a nice rally, especially in tech, a rally that likely would have been a lot stronger if not for all the fears and uncertainty surrounding the tariff wars. Because of the trade wars, “we really expect the uncertainty and volatility to continue here through much of March. Wall Street and Main Street are still looking for direction.”  

Stocks fall, adding to biggest selloff in months on economic fears

Stocks fall, adding to biggest selloff in months on economic fears

By Chuck Mikolajczak

Tue March 11, 2025 4:48 PM

The grand sell ff continues but today with a great deal of whipsaw action as the market reacts to even more new tariff news, the Dow whipping back and forth between lows of a 700+ point loss and a high of a 50 point loss.  After 1:30 pm we saw a brief comeback with the news of Canada dialing back and progress in the Ukraine peace talks, but that quickly went back to a dive around 3 pm with the reality check that so far this is just talk, not action. 

Wall Street ends sharply lower as recession fears loom

Wall Street ends sharply lower as recession fears loom

By Stephen Culp

Mon March 10, 2025 4:51 PM

 

It was a brutal, merciless day as all three indexes plunged drastically from the outset and straight down all day as the on-again-off-again tariffs compounded by still more new tariffs and reciprocal tariffs have left investors in serious fear of recession. The Dow hit a loss of almost 1200 points by 3 pm before recovering a little bit with the tech indexes having similar monumental drops that haven’t been seen in nearly 3 years. And it didn’t help matters one bit when Trump would not rule out a recession.  

Wall St ends higher after Fed chief's comments, but posts big weekly loss

Wall St ends higher after Fed chief's comments, but posts big weekly loss

By Chibuike Oguh, Johann M Cherian and Sukriti Gupta

Fri March 7, 2025 4:43 PM

Once again it took just the slightest hint of good economic news to send the indexes soaring again. But that’s not the way the day started, with all three indexes suffering dramatic slumps right out the gate, the Dow down 400 points by noon with the Nasdaq and S&P incurring similar morning dips. It must have been around noon that Powell delivered his remarks that the economy was “in a good place” that shot both the Dow and Nasdaq back into 3-digit gains again by close. But Powell had to strongly caution that the uncertainty created by Trump’s tariff policies is certainly problematic and thus there will be no rush to rate cuts.  

Stocks drop, dollar weakens as latest Trump tariff news weighed

Stocks drop, dollar weakens as latest Trump tariff news weighed

By Caroline Valetkevitch

Thu March 6, 2025 3:54 PM

On Wednesday, Trump announced that he was considering a one-month pause on the tariffs with Canada and Mexico and the stock market zoomed on just this little hint, any little hint, that the trade war may be easing. And today Trump did it, announced the one-month. But today it had the opposite effect. Today the market decided that, pause or no pause, there was just too much uncertainty here. As today’s expert put it, “Trump has been very confusing about these tariffs. One day they’re on and the next day they’re off for a month.”  

Wall Street ends higher as markets eye easing of trade tensions

Wall Street ends higher as markets eye easing of trade tensions

By Johann M Cherian, Sukriti Gupta and Chibuike Oguh

Wed March 5, 2025 4:40 PM

It was the opposite trend from Monday. Today all three indexes were straddling break-even, then suddenly went through the roof right around noon, which is likely when Trump announced the delay on car tariffs for another month. This market was just looking for a hint of good news, any kind of good news, about easing tariffs to jump right back on the “buy” bandwagon, both tech and industrials zooming to big middle 3-digit gains.  

Nasdaq nears correction territory dragged down by trade tensions

Nasdaq nears correction territory dragged down by trade tensions

By Chibuike Oguh, Johann M Cherian and Sukriti Gupta

Tue March 4, 2025 4:36 PM

For the second day in a row the three indexes were in freefall with the Dow, like yesterday, losing almost 700 points. The tariffs are contributing for sure but also concerns about valuations being way elevated and the inflation picture looking dour. The Nasdaq came very close to 10% correction territory today and the VIX rose to its highest since December 20. But the newly assigned tariffs are definitely on the front burner.  

Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips

Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips

By Johann M Cherian, Sukriti Gupta and Chibuike Oguh

Mon March 3, 2025 4:15 PM

All three indexes were more or less sputtering along the break-even line in the morning, probably sitting on the sidelines waiting for the next event to unfold. Then at 12:30 p.m. all hell broke loose and all three indexes fell right through the flow with major enormous 3-digit losses. It was likely at 12:30 that Trump made the announcement that the 25% tariffs on Mexico and Canada would take effect tomorrow.  

Wall Street ends higher after Zelenskiy and Trump clash

Wall Street ends higher after Zelenskiy and Trump clash

By Noel Randewich

Fri February 28, 2025 4:18 PM

The headline is more than a little misleading, implying that the market actually liked the big clash in the Oval Office this afternoon. But a closer look at the details reveals that the clash was not the reason the market rose. In fact, all three indexes fell into the red immediately following the meeting. Then investors took a few deep breaths and optimism reemerged that there ultimately would be a deal to end the war in Ukraine.  

S&P 500 ends down as Nvidia tumbles following report

S&P 500 ends down as Nvidia tumbles following report

By Noel Randewich and Johann M Cherian

Thu February 27, 2025 6:59 PM

There’s just a whole lot of confusion and uncertainty out there. There was a big mystery yesterday why Nvidia’s stock got such a big boost when they had not yet turned in their Q4, a report widely expected to be disappointing. And today, with the report front and center, though earnings were quite respectable they were not of the stellar nature of past quarters and years so Nvidia had a dramatic fall of 8.5% more than wiping out yesterday’s boost, and all of tech followed suit. Unemployment claims came in higher than expected which also fueled uncertainty about the world’s greatest economy beginning to sputter.  

S&P 500 ends barely changed; Nvidia shares up after the bell

S&P 500 ends barely changed; Nvidia shares up after the bell

By Caroline Valetkevitch

Wed February 26, 2025 5:06 PM

It’s another Wall Street mystery. The market did not have high hopes for Nvidia today so tech’s sell off continued yesterday. But despite the fact that Nvidia’s report did not come in until after the closing bell – and the report was indeed positive -- Nvidia’s stock still shot up a whopping 3.7% and the overall chip index up 2.1%. The Nasdaq finally got its big boost, up some 250 points by noon and the S&P enjoyed a similar morning rally. Then hopes were dashed and all the indexes declined dramatically all afternoon, particularly the Dow, ending the day 3-digits in the red and the S&P and Nasdaq ending in the black but much reduced from the morning.  

Wall Street ends mixed in the face of mounting uncertainties

Wall Street ends mixed in the face of mounting uncertainties

By Stephen Culp

Tue February 25, 2025 4:23 PM

It was another very choppy day as uncertainties mounted and, as nerves go, the Dow benefitted up some 160 points while tech suffered, the Nasdaq down 260. The S&P and Nasdaq both touched one-month lows as well as suffering four consecutive sessions in the red. Today’s consumer confidence data spooked everyone as it confirmed that Joe Citizen expected the economy and inflation to get worse under Trump’s policies and small businesses cutting back on capital expenditures in direct proportion to the rise in uncertainty. The U of M confidence index plummeted from over 85 in November to under 65 now as well as an 11.3% plunge in near-term expectations.  

Nasdaq, S&P 500 fall as AI caution weighs on tech, Nvidia results in focus

Nasdaq, S&P 500 fall as AI caution weighs on tech, Nvidia results in focus

By Sinéad Carew and Johann M Cherian

Mon February 24, 2025 4:38 PM

Thankfully, the Great Selloff, except for the Nasdaq did not continue into Day 3. The Dow was up some 270 points as late as 2 pm. But volatility is still very much in play. Tech is still feeling the trauma of both DeepSeek and the rate cut path as well as the tug of war between slowing growth and inflation. Which will create the bigger problem? The rest of the market continues to digest the Walmart scare with investors anxiously awaiting Friday’s CPE.  

Wall Street ends sharply lower on mounting concerns over economy, tariffs

Wall Street ends sharply lower on mounting concerns over economy, tariffs

By Stephen Culp

Fri February 21, 2025 7:56 PM

Whoa! Speak of Black Friday! There was a lot of competition today for worst news! Was it L.A. mayor fires fire chief? Or Trump fires the black Chair of the JCS? Or that the stock market has had three terrible days in a row! Today even the S&P registered a 3-digit loss and the Dow was down a whopping 748 points notching its biggest one-week decline since October and the S&P its biggest one-day drop since December.  

Wall St ends lower as weak Walmart guidance prompts consumer demand worries

Wall St ends lower as weak Walmart guidance prompts consumer demand worries

By Stephen Culp

Thu February 20, 2025 4:21 PM

Walmart turned the world upside down today when it announced a downbeat forecast due to tariffs, which in turn trashed their stock price to the tune of a whopping 6.5% one-day loss which then in turn infected the rest of the market. As Walmart, the world’s biggest retailer, is regarded as the bulwark for consumer spending, this sent everyone to the exits, especially the blue-chip Dow suffering a 450 point loss. It is yet one more indication of the feared damage the Trump tariffs may do to the overall economy.  

S&P 500 edges to record closing high as Fed minutes parsed

S&P 500 edges to record closing high as Fed minutes parsed

By Stephen Culp

Wed February 19, 2025 4:19 PM

All three indexes started the day well into the red, the Dow down some 250 points by 1 pm but then all rebounding to modest gains by close. As investors continue to parse Fed minutes, on the minus side there is the scenario of a coming economic slowdown. On the plus side this could mean more rate cuts sooner. Then there is the question of the coming reciprocal tariffs. The glass-half-full people see them as a bargaining chip, more bark than bite. The glass-half-empty people see them as sparking a global trade war.  

S&P 500 ekes out all-time closing high as Fed minutes eyed

S&P 500 ekes out all-time closing high as Fed minutes eyed

By Stephen Culp

Tue February 18, 2025 5:01 PM

There’s a whole lot going on this week with all the indexes up and down quite a lot, the Dow down over 200 as late as 2:30 pm, but then all three closing near break-even as “wait-and-see” became the theme of the day. The Fed minutes come out on Wednesday but the Fed today has reiterated its position of keeping rates steady. Retails sales comes later in the week. Q4 is in its final stretch with 383 companies reporting and 74% of them beating estimates.  

Wall Street ends mixed; Nvidia lifts Nasdaq

Wall Street ends mixed; Nvidia lifts Nasdaq

By Noel Randewich and Sukriti Gupta

Fri February 14, 2025 4:20 PM

It was a shot straight down on industrials with the Dow suffering yet another 3-digit loss while tech had a more haphazard day with the S&P barely reaching break-even but the Nasdaq had a better time boosted by a 2.6% upsurge in Nvidia as well as 1.3% from Apple. The good news was a drop in retail sales of more than 1% over December which might bolster the case for rate cuts, always a boost for tech.  

Wall Street ends higher after Trump unveils tariff plan

Wall Street ends higher after Trump unveils tariff plan

By Noel Randewich and Sukriti Gupta

Thu February 13, 2025 4:13 PM

Yesterday the three indexes were sunk by a less than glowing CPI report. Today the PPI and PCE reports, though not exactly glowing, were at least much closer in line with expectations and that triggered some relief in confidence and spurred another day of 3-digit gains. Trump’s announcement today of reciprocal tariffs provided a little more clarity about policy and that also provided some relief and more buying. However, the bottom line remains as expressed by today’s expert, “Investors were also preparing for kind of an alarmingly high inflation number, based on tariffs.” Volume came in very close to the 15.0 billion average at 15.3 billion. 

DJ: 44,368.56  -225.09       NAS: 19,649.95  +6.09        S&P: 6,051.97  -16.53         2/12

DJ: 44,711.43    +342.87    NAS: 19,945.64  +295.69    S&P: 6,115.07  +63.10        2/13

Thu 2-13-25 4:13 pm Wall Street ends higher after Trump unveils tariff plan | Reuters

Stock market today: Dow, S&P 500, Nasdaq futures climb with PPI inflation looming after hot CPI

Stock market today: Dow, S&P 500, Nasdaq futures climb with PPI inflation looming after hot CPI

Wed, February 12, 2025 at 7:56 PM EST

It is the rare case that sometimes there is no daily market report to be found anywhere. I gave up on the Wall Street Journal years ago when it stopped publishing its concise column on daily market moves, leaving one to read the entire paper to piece the whole puzzle together, and who has time for that? I’ve instead been using Reuters for years but today, no deal. Yahoo can sometimes be an alternate but, again, today not, not except for just the headline. It says “Stock market today” but it wasn’t really. So all I have today is a headline to share and the basic index data from the Journal website.  The bottom line: CPI came in hotter than expected, in fact the hottest in 18 months, so the market went into a dive. Hopefully, better reporting tomorrow. 

DJ: 44,593.65  +123.24      NAS: 19,643.86  -70.41       S&P: 6,068.50  +2.06          2/11

DJ: 44,368.56  -225.09       NAS: 19,649.95  +6.09        S&P: 6,051.97  -16.53         2/12

Wall Street ends mixed as Coca-Cola gains and Tesla drops

Wall Street ends mixed as Coca-Cola gains and Tesla drops

By Noel Randewich and Sukriti Gupta

Tue February 11, 2025 5:22 PM

Seesaw action was evident on all three indexes today but, unlike Monday, Tuesday saw tech mostly in the red and industrials mostly in the black with the Dow posting a respectable 3-digit gain, the S&P broke even coming off a 24 point loss and the Nasdaq recovered halfway from a 135 point loss. The key factors in all this volatility were the CPI data due tomorrow which will give the Fed an updated inflation picture and investors parsing the next rate cuts.  

Wall Street ends higher on AI strength; steelmakers climb on Trump tariff threat

Wall Street ends higher on AI strength; steelmakers climb on Trump tariff threat

By Noel Randewich and Shashwat Chauhan

Mon February 10, 2025 7:35 PM

Tech shot straight up right out the gate and stayed up the rest of the day while industrials went through a seesaw motion but still ended the day with respectable gains, all quite the opposite of Friday’s action though not quite enough to overcome the prior session’s losses. The tariff threat is what brought the market down on Friday and, ironically, a new tariff announcement today on aluminum and steel boosted the market.  

Wall Street closes lower on trade war escalation, weak data

Wall Street closes lower on trade war escalation, weak data

By Abigail Summerville and Shashwat Chauhan

Fri February 7, 2025 4:44 PM

After a very brief and modest rally that lasted only ½ hour (the Dow at +110 at 10 a.m.), all three indexes quickly went downhill and it was a straight shot down all day with big 3-digit losses all around, all three breaking a 3-week winning streak. The much awaited jobs report showed 598,000 fewer jobs vs a forecast of 818,000 and the lowest consumer sentiment numbers in seven months reflects a fear of surging inflation, which consumers expect to rocket to 4.3% this year.  

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

By Abigail Summerville and Sukriti Gupta

Thu February 6, 2025 6:42 PM

Tariffs went on the backburner and earnings came up front as the Dow took a dive while the Nasdaq and S&P rose. Eyes are on Amazon’s Q4 which came in after hours beating revenue forecasts but below sales in cloud computing. Eli Lilly, Tapestry, and Philip Morris all beat expectations. The good news was an increase in unemployment benefits, which goes along with the lower job openings reported Tuesday, and increased optimism about a June rate cut.  

Wall St ends higher as investors digest earnings, rate cut prospects

Wall St ends higher as investors digest earnings, rate cut prospects

By Abigail Summerville and Shashwat Chauhan

Wed February 5, 2025 5:13 PM

All the indexes started in the red, the Nasdaq deeply in the red about 150 points, but began recovering almost immediately reaching break-even around noon. Though the Nasdaq managed to close just barely in the black, both the S&P and Dow did considerably better, the Dow even closing with a respectable 3-digit gain. The earlier drop was due to a disappointing Google Q4 and the comeback attributed to a gradual recovery of the AI sector after last week’s DeepSeek shock, particularly with Nvidia which boosted up 5.4%.  

Wall Street rises on US-China trade optimism, energy boost

Wall Street rises on US-China trade optimism, energy boost

By Abigail Summerville and Sukriti Gupta

Tue February 4, 2025 4:43 PM

The recovery that started yesterday, though it never did reach break-even, continued in earnest today with all three indexes on a steady upward climb with the Dow and Nasdaq notching 3-digit gains, more than making up Monday’s losses. With the tariffs for Mexico and Canada now on pause, investors took hope today that a similar deal will also be reached with China, though Trump has indicated he is in no hurry to negotiate with Xi.  

Wall Street closes down, pares losses after Trump delays Mexico tariffs

Wall Street closes down, pares losses after Trump delays Mexico tariffs

By Abigail Summerville and Shashwat Chauhan

Mon February 3, 2025 5:34 PM

With the dreaded tariffs due to hit at midnight tonight, the markets plummeted big time, the Dow down over 700 points by 10:30, the Nasdaq an equally disastrous 500 points. It must have been right at 10:30 that Trump made the announcement that the tariffs on Canada and Mexico anyway would be paused for a month as our two neighbors agreed to beef up border enforcement. Almost immediately, there was a huge buy back of all the equities that had been sold earlier as investors had made a mad rush into safe haven assets.  

Wall St ends lower as White House says Trump to implement tariffs

Wall St ends lower as White House says Trump to implement tariffs

By Caroline Valetkevitch

Fri January 31, 2025 5:04 PM

Though there was a little backpedaling on tariffs yesterday, they were back in the news full force today. As the tariffs were up starting Saturday, the market was down and it was no surprise that the sectors hardest hit were electronics and energy, the two industries expected to be most impacted by tariffs. All the indexes were rather handsomely in the black during the morning until about 1:00 p.m., the Nasdaq up some 300 points. It was precisely at that hour that Trump must have announced that the tariffs were on because at that precise hour, all three indexes dropped like a rock.  

Indexes end up as investors weigh earnings; tariff talk a damper

Indexes end up as investors weigh earnings; tariff talk a damper

By Caroline Valetkevitch

Thu January 30, 2025 6:51 PM

After a tepid beginning to the day, triggered mostly by Microsoft announcing a weaker forecast after yesterday’s strong Q4, all the indexes got a boost right around 12:30 brought on by a stack of Q4 reports including Meta and IBM beating forecasts. More than 70% of reporting S&P companies have now beaten forecasts. Investors are also now looking the other way from Tesla’s disappointing Q4 after today’s Musk comments about future Tesla plans helped boost that stock and the market.  

US stocks dip, dollar steady as traders digest Fed rate pause, tech earnings

US stocks dip, dollar steady as traders digest Fed rate pause, tech earnings

By Lawrence Delevingne and Marc Jones

Wed January 29, 2025 4:59 PM

Although it’s long been expected that the Fed would keep rates steady this month, the one thing the Fed did differently today was omitting the usual reassuring comments about inflation being on the right path or giving a potential timeline for the next cut. Instead it was a simple announcement of no change and that was enough to send all three indexes into a tailspin, the Dow down over 370 points by 2:30 which seemed to be the time that Microsoft turned in its good Q4 report which in turn sent the market into a rebound.   

Nasdaq leads Wall St higher, tech shares recover from Monday's sell-off

Nasdaq leads Wall St higher, tech shares recover from Monday's sell-off

By Caroline Valetkevitch

Tue January 28, 2025 6:44 PM

The bargain hunters were out in force from the outset today with both tech and Nvidia recapturing more than half of yesterday’s losses, though the overall chip index regained only 1.1%, a far cry from the 9.2% lost yesterday. The S&P tech sector had its biggest daily percentage gain since July. The was of course the typical bounceback that is always expected after a day of panic so yesterday’s expert was quite correct.  

Nasdaq drops 3% as China's DeepSeek AI model hits tech shares

Nasdaq drops 3% as China's DeepSeek AI model hits tech shares

By Caroline Valetkevitch

Mon January 27, 2025 5:25 PM

Tech plummeted like a rock and there was a flight to the more conventional industrials as the Chinese firm DeepSeek made the troubling announcement, challenging U.S. and Nvidia dominance, that they had built a bigger, better mousetrap in AI, sending Nvidia into the biggest one-day loss in history, 17%, and sending all the other sectors down with it. But to put things in perspective, though it was the biggest one-day loss, it’s only been since September that Nvidia had its other “biggest” one-day loss. The S&P also suffered its biggest one-day loss but only since Jan 10^th.  The overall chip index fared much worse registering its biggest one-day loss, a whopping 9.2%, in nearly five years.  

Wall St slips with mixed data and earnings ahead of Fed week

Wall St slips with mixed data and earnings ahead of Fed week

By Sinéad Carew and Johann M Cherian

Fri January 24, 2025 4:37 PM

A bag of mixed data including business activity slowing to a nine-month low contrasted with increased hiring which would only support the Fed’s position to slow the pace of rate cuts, all contributed to sending investors into cautionary mode and fence-sitting awaiting next week’s abundant economic news and monthly Fed meeting. All three indexes took a shot down after about the noon hour and going down all afternoon to close with losses, the Dow down 3-digits, the Nasdaq almost that far.  

S&P 500 notches closing record with focus on Trump comments, earnings

S&P 500 notches closing record with focus on Trump comments, earnings

By Sinéad Carew and Johann M Cherian

Fri January 23, 2025 4:53 PM

Trump’s comments today demanding that OPEC lower oil prices and that the Fed continue more rate cuts injected a megadose of optimism into the markets shooting the Dow up to a mid-3-digit gain and the S&P to another record high. This is contrasted however with the announcement of 25% tariffs going into effect February 1 on Canada, Mexico and China. Since we get so much of our oil comes from Canada, how investors think the price of oil is coming down falls somewhere in the realm of wishful thinking.  

S&P 500 hits record high with boost from Netflix results, AI investment plan

S&P 500 hits record high with boost from Netflix results, AI investment plan

By Sinéad Carew and Johann M Cherian

Thu January 22, 2025 6:38 PM

Elon Musk aside who says it cannot happen, Trump’s announcement of a $300B investment in AI shot the whole tech index straight up again, the chip index especially up 1.7%. The Dow also rode on these coattails, though not as much as in previous sessions as stated by today’s expert, “It’s a story of big tech and everything else is hanging in there.” But the euphoria continues, triggered Monday by the news that the new administration’s tariff policies would likely be far less draconian than feared, even if there is still considerable concern about what may be coming February 1^st.  

Wall Street ends higher with hopes for measured US trade policy

Wall Street ends higher with hopes for measured US trade policy

By Sinéad Carew and Johann M Cherian

Tue January 21, 2025 6:09 PM

It was a second straight day of all the indexes shooting straight up right out the gate and staying there all day, mostly on big relief that tariffs were not included among the 200+ executive orders Trump signed since yesterday. The 47^th president is now hinting that he may merely impose duties on Canadian and Mexican goods rather than the much feared blanket tariffs and it remains the markets’ high hopes that the new president will indeed approach the issue, rather than issuing tariffs, instead using the mere threat as a negotiating tactic.  

Stocks rally to close out strong week, await Trump policies

Stocks rally to close out strong week, await Trump policies

By Chuck Mikolajczak

Fri January 17, 2025 4:37 PM

After yet another day of positive data showing the strength and resilience of the economy, investors today decided it was time to celebrate on this final market day before Trump begins his second administration. Positive housing news combined with continued good corporate earnings reports plus Fed Governor Waller’s statement yesterday that, given the fact that inflation is expected to continue easing, rate cuts could come sooner and faster after all, for the first time since the rate cut scare started, the odds of a June cut are now above 50%.  

Wall Street slips after rally as earnings, data eyed

Wall Street slips after rally as earnings, data eyed

By Chuck Mikolajczak

Thu January 16, 2025 5:16 PM

Yesterday’s ebullience was replaced by today’s caution and continuing uncertainty as the indexes once again swung back and forth between black and red several times, but only modestly so. The Nasdaq took a slightly bigger hit being in the red virtually all day and closing down 3-digits, though all of the losses were just a small fraction of yesterday’s gains. So it was a day to take breath despite a considerable amount of good news which included the big banks, which are the market’s bellwether, still coming in with strong earnings.  

Wall St surges as inflation data, bank earnings fuel rally

Wall St surges as inflation data, bank earnings fuel rally

By Chuck Mikolajczak

Wed January 15, 2025 4:53 PM

Yesterday’s PPI wasn’t enough to change the needle but today’s CPI sure as heck was. It didn’t seem to matter that the numbers still came in with its highest increase in nine months, but still lower than expected. The fact that it wasn’t on fire triggered an enormous rally at the outset that continued all day with all three indexes enjoying 3-digit gains, the biggest in two months, the Dow up over 700. The Fed Beige Book showed economic activity increased slightly which immediately increased the odds for a June rate.  

S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed

S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed

By Chuck Mikolajczak

Tue January 14, 2025 7:08 PM

In a very choppy session swinging back and forth between black and red at least four times, investors sit on pins and needles waiting for this week’s inflation data, given a bit of a reprieve today with PPI coming in a little lower than expected but not low enough to move the needle on rate cut expectations which remain today at a 50% chance of a ¼ point rate cut no earlier than June, and nothing after that. With the much more closely watched CPI and Beige Book coming in starting tomorrow, reevaluations may be coming then. Or more likely, more of the same.  

Nasdaq closes lower, S&P 500 up slightly as US yields stay elevated

Nasdaq closes lower, S&P 500 up slightly as US yields stay elevated

By Chuck Mikolajczak

Mon January 13, 2025 5:14 PM

The resilient economy combined with rising prices continues to push up bond yields and lower hopes for more rate cuts which are today down to just one ¼ point cut this year, perhaps in June, and even that at just 53%. Both the Nasdaq and S&P were in the red all day, all starting well into the red, the Nasdaq down some 330 points in the morning, though rising all day and recovering to only modest losses by close, the S&P even slightly above break-even.