Mixed session on Wall Street as Nasdaq and S&P 500 rise, Dow Jones falls

From Nasdaq: 2025-03-12 13:51:42

S&P 500 and Nasdaq up, Dow Jones down. Magnificent Seven and chip stocks rally, Verizon drags Dow. EU tariffs hit US goods. US Feb CPI weaker than expected. Mortgage applications rise. Stocks pressured by trade fears. Market eyes US tariffs, PPI, consumer sentiment, spending bill. FOMC meeting discounts rate cut. Overseas markets mixed. T-notes pressured by stock rebound and supply. European bond yields mixed. ECB officials suggest rate cuts. Magnificent Seven stocks surge. Chip stocks rally, Groupon forecasts revenue boost. Talen Energy, Myriad Genetics, GE Verona climb. Crox Inc upgraded, airline stocks slide. iRobot, Brown-Forman, Verizon, Stellantis NV, PepsiCo drop. Earnings reports due from Adobe, Crown Castle, SentinelOne, UiPath.



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