Market reacts positively to Trump's tariff comments, hopes for trade talks with China

From Yahoo Finance: 2025-03-21 06:29:00

The S&P and Dow edge up after Trump’s tariff comments, hinting at flexibility and upcoming trade talks with China. Markets have been volatile due to tariff uncertainty, but the Fed’s latest policy announcement helped boost stocks. Earnings season nears, with companies like FedEx cutting forecasts and impacting delivery firms.

Nike and materials sector slide, while Boeing gains after winning a major Air Force contract. Triple witching expiry adds to market volatility. The NYSE and Nasdaq see more declining issues than advancers. Stock exchanges experience high volume, busiest since January.

FedEx and UPS cut forecasts, impacting delivery sector. Boeing wins Air Force contract, while Nike and materials sector struggle. Triple witching expiry adds to market volatility. NYSE and Nasdaq see more declining issues than advancers. Stock exchanges experience high volume, busiest since January.

Read more: Dow, S&P end flat, Nasdaq snaps four-week decline on tariff hopes