From Nasdaq: 2025-04-01 18:18:00

On Tuesday, markets opened in the red before ending on an upward trend. The Dow closed at -0.03%, while the S&P 500 and Nasdaq closed at +0.38% and +0.87%, respectively. The small-cap Russell 2000 closed at +0.02%. Tariffs on Canadian, Mexican, and Chinese imports are expected to be announced by the White House in 24 hours.

Economic data reports showed that the Job Openings and Labor Turnover Survey (JOLTS) for February came in slightly below expectations at 7.6 million. ISM Manufacturing missed estimates at 49.0%, while S&P Manufacturing rose to 50.2% in March. Construction spending increased in February, possibly due to tariff concerns.

Auto sales for March saw a surge in purchases ahead of potential tariffs on auto imports. General Motors saw a +17% increase, Toyota was up +1%, and Ford slipped -1.3%. Tomorrow’s focus will be on private-sector payrolls from ADP and factory orders for February, which are expected to decrease.

Experts have identified 7 top stocks with Zacks Rank #1 Strong Buys, predicting early price increases. This list has historically outperformed the market, with an average gain of +24.3% per year since 1988. Investors are advised to pay immediate attention to these selected stocks for potential gains.



Read more at Nasdaq: Markets Turn Positive Late, a Day Ahead of Tariffs