From Nasdaq: 2025-03-31 14:44:00

Stock indexes had a mixed day, with the S&P 500 up +0.24%, the Dow Jones up +0.78%, and the Nasdaq down -0.49%. Global markets fear US tariffs’ impact on the economy, leading to safe-haven buying of gold and government debt. The US plans reciprocal tariffs, sparking risk-off sentiment. (Word count: 48)

US stocks bounced back after positive economic news from China and the US. The Mar MNI Chicago PMI hit a 16-month high, supporting stocks. China’s manufacturing PMI exceeded expectations. Fears over US tariffs impacting growth persist. President Trump plans sector-specific tariffs and reciprocal tariffs. Fed Chair Powell to speak on economic outlook soon. (Word count: 50)

Market attention this week on key economic data, including ISM manufacturing index, ADP employment change, and nonfarm payrolls. Speculation on a -25 bp rate cut after the FOMC meeting in May at 21%. Overseas markets lower, with significant drops in Euro Stoxx 50, Shanghai Composite, and Japan’s Nikkei. (Word count: 47)

Interest rates show T-notes rallying on tariff-induced recession fears. European bond yields are lower. German CPI slowed to +2.3% y/y. Market discounts 86% chance of ECB rate cut. Stock movers include Tesla, Nvidia, Amazon, Microsoft, and more. Defensive sectors like utilities and food producers see gains. (Word count: 49)

Airline stocks slump due to weakening US demand. Moderna leads losers after a key FDA regulator resignation. Innovative Industrial Properties downgraded. Sarepta Therapeutics also downgraded. Mr Cooper Group up after acquisition by Rocket Companies. Defensive sectors like utilities and food producers see gains. (Word count: 50)

Earnings reports for March 31 include various companies like Caledonia Mining Corp, PVH Corp, and Progress Software Corp. Author Rich Asplund has no positions in mentioned securities. Information provided for informational purposes only. Views expressed in the article are the author’s own. (Word count: 41)



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