Stock indexes are up on hopes of a tariff deal with Japan

From Nasdaq: 2025-04-08 14:36:00

Stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq all showing gains. Markets are stabilizing after major losses, with hopes of a tariff deal with Japan boosting sentiment. Concerns persist over US tariffs on the EU and China’s retaliation threats if tariffs aren’t removed. Chicago Fed President warns of potential economic consequences.

President Trump’s positive comments on trade deals with South Korea and large countries ease market concerns. However, the rejection of an EU proposal and China’s retaliation threats keep tariff worries alive. Stock markets worldwide suffered losses due to recession fears from a potential trade war. Earnings reporting season kicks off soon, with lower growth expectations for Q1 and full-year 2025.

New tariffs, exemptions, and reciprocal rates have been implemented by the US on various countries, raising fears of economic slowdown. Interest rates are down, while European bond yields are up. ECB rate cut expectations are high. US stock movers include health insurance and chip maker stocks rising, with companies like Humana, Nvidia, and ARM Holdings showing significant gains.

Eli Lilly, Teradata, Range Resources, Walgreens, RPM International, PDD Holdings, Alcoa, and Virtu Financial are among the notable stock movers today. Earnings reports for April 8 include Aehr Test Systems, Cal-Maine Foods, RPM International, and more. Market focus remains on US trade policies, FOMC minutes, CPI, PPI, and consumer sentiment data this week. Overseas markets are also showing positive trends.



Read more at Nasdaq: Stocks Stabilize After Early Surge