Stocks rally as US government shutdown fears decrease, global markets see positive movement.
From Nasdaq: 2025-03-14 11:39:23
Stock indexes are up today as the threat of a US government shutdown eases. The S&P 500, Dow Jones, and Nasdaq are all in positive territory. Global equity markets are also higher thanks to policy support in China. Bitcoin is up over 3% due to a stablecoin bill moving forward in the Senate.
Markets are focused on US trade policies and consumer sentiment data. Interest rates are slightly higher, with 10-year T-notes down. European bond yields are moving up. German CPI numbers were revised downward. ECB member Holzmann suggests pausing rate cuts, while German chancellor-in-waiting Merz reaches a fiscal reform agreement.
Stock movers include tech giants like Nvidia, Meta Platforms, and Amazon climbing over 2%. Chip stocks like Micron Technology are up over 7%. Semtech, DocuSign, Ulta Beauty, Crown Castle, and Rubrik also see gains. American Express is up, while Abbott Laboratories and T-Mobile US face losses. Xponential Fitness is down over 35%.
Earnings reports for various companies are expected on March 14, 2025. The author of this article, Rich Asplund, has no positions in the securities mentioned. Information provided is for informational purposes only. The opinions expressed are those of the author and do not reflect those of Nasdaq, Inc.
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