Market rises on positive tariff news and optimistic sentiment, despite decline in consumer confidence.
From Nasdaq: 2025-03-26 09:29:00
U.S. stocks closed higher on Tuesday as investors were optimistic about President Trump’s reciprocal tariffs. The Dow Jones gained 0.01%, the S&P 500 rose 0.2%, and the Nasdaq added 0.5%. Consumer confidence data showed a decline, but investors focused on the positive tariff news. The fear-gauge VIX was down to 17.15.
Investor sentiment helped stocks rise, despite consumer confidence falling to a new low in March. The Expectations Index dropped to its lowest level in 12 years at 65.2. Concerns over inflation and tariffs were eased as Trump hinted at more flexible and narrower tariffs. This news drove stock prices higher on Tuesday.
Home prices increased 4.1% year over year in January, according to Case-Shiller’s indexes. New home sales rose 1.8% in February to a seasonally adjusted annual rate of 676,000 units. In other news, Zacks has named a #1 semiconductor stock with significant growth potential in the AI, ML, and IoT markets.
Read more at Nasdaq: Stock Market News For Mar 26, 2025
