From Nasdaq: 2025-03-31 18:11:00

On the last trading day of Q1, major indexes had mixed results. The Dow finished up 1.00%, Nasdaq dipped 0.14%, S&P 500 rose 0.55%, and Russell 2000 fell 0.50%. The Dow has seen the best bounce back, with Chevron gaining 15% YTD. NVIDIA-adjacent stocks like CoreWeave dropped 7%.

PVH, parent of Calvin Klein and Tommy Hilfiger, reported Q4 earnings of $3.27 per share, beating estimates by 8 cents. Revenues of $2.37 billion also surpassed expectations. Next-quarter earnings guidance was slightly below estimates, but revenues are expected to improve. The company announced a $500 million share repurchase program, boosting shares by 11%.

Expect the Job Openings and Labor Turnover Survey (JOLTS) report for February, Construction Spending data, and ISM Manufacturing for March tomorrow. JOLTS report is expected to show 7.7 million job openings, Construction Spending to rise 0.3%, and ISM Manufacturing to dip below 50 for the first time since December.



Read more at Nasdaq: Markets Mixed to Start a New Week; PVH +11% on Q4 Earnings