Stocks rise on hopes of softer US tariff policies, benefiting tech and chip makers

From Nasdaq: 2025-04-14 13:28:00

Stock indexes, including the S&P 500, Dow Jones, and Nasdaq 100, are up around 1.7% to 1.9% today as President Trump softens tariff stance. Chip makers and tech companies benefit from exemptions on electronics tariffs, pushing markets higher. Overseas markets also rise, with the Euro Stoxx 50 up 2.78%.

US trade policy turmoil impacts markets, with fears of economic slowdown due to tariffs. Dollar weakens, gold prices soar, and consumer confidence drops. Concerns over trade policies affecting GDP growth and corporate earnings, with tariffs hitting various sectors and leading to market volatility.

Interest rates and bond yields are affected by tariff news, with T-notes climbing due to reduced inflation concerns. European bond yields also lower. Swaps indicate a 21% chance of a rate cut after the FOMC meeting. ECB expected to cut rates by 25 bps in April.

Big tech stocks like Apple, Alphabet, and Nvidia are up over 3% today, boosting markets. Chip makers like Micron and tech hardware companies surge after tariff exemptions on electronics. Computer makers and retailers also rise after exemption news, with Dell and HP among gainers.

Various other stocks see gains, with PDD Holdings up over 7% post-tariff exemption news. Intel, Atlassian, DuPont, and Freeport-McMoRan also see positive movements. On the downside, DaVita drops over 3%, while healthcare and hotel stocks fall due to market trends and downgrades.

Earnings season begins, with Q1 expectations lower than initially projected. US and overseas markets respond to tariff news, impacting various sectors and industries. Investors watch closely for updates on trade policies and their effects on the economy. Fed Chair Powell to speak on economic outlook this week.



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