Stock indexes mixed with S&P down slightly, Dow up, Nasdaq up slightly

From Nasdaq: 2025-04-08 13:37:00

Stock indexes are mixed midday with the S&P 500 down -0.02%, Dow Jones up +0.47%, and Nasdaq up +0.09%. Hope for a tariff deal with Japan sparked short covering. President Trump’s comments on South Korea trade deal prospects boosted stocks. Concerns remain over EU and China tariff threats. Market focus on US trade policies and upcoming earnings reports. Overseas markets are higher, and interest rates are up.

Health insurance stocks surge after Medicare Advantage payment increase. Chip makers drive market gains. Magnificent Seven stocks soar, including Nvidia and Tesla. Eli Lilly & Co and Teradata Corp see stock upgrades and gains. Range Resources and Walgreens Boots Alliance also show positive movements. RPM International and PDD Holdings face declines. Alcoa and Virtu Financial see downgrades and losses. Upcoming earnings reports include Aehr Test Systems and Walgreens Boots Alliance.

Global equity markets are recovering from recent losses. Treasury yields rise as safe-haven demand diminishes. European bond yields are higher. ECB rate cut expectations are at 90%. Market optimism surrounds potential trade deals and earnings growth projections. Key economic indicators and consumer sentiment data are expected this week.

Overall, the market is navigating through trade tensions and monetary policy expectations as investors await earnings reports and economic data releases. Stay informed with the Barchart Brief newsletter for timely updates.



Read more at Nasdaq: Stocks Mixed After Early Surge